As the new smart phones were with outstanding performance, the company's handset business has experienced six consecutive quarters of losses, and finally in the fourth quarter profitability was increasing.
LG last year's fourth-quarter operating profit was 23 billion won, it was better than the same period last year the profits were 246 billion won and the loss was 32 billion won last quarter's operating.
One of them, LG mobile phone service operating profit was 9.9 billion won a year earlier to 262 billion won and 140 billion won last quarter's operating loss improved significantly.
The losses to benefit from strong sales of Optimus LTE phone, the product using Google Android operating system, it released in October last year has already sold 1 million, It become the best-selling smartphone LG. and LG said lower profits due to reduced feature phone, mobile phone shipments in the fourth quarter was to 17.7 million, and it was lower than the third quarter of 21.1 million.
LG Electronics said that the growth of smartphone sales and improved profitability of the company. As the world's third largest mobile phone maker, LG Electronics is launching Android smartphones, it is to enhance the company's performance. LG release the smartphone with Android, it is a wise choice that this system will help the company benefit from Android, we will see the smartphone is launched by LG.
Currently, Samsung Electronics and Apple smart phone market is currently being eroded the share of LG Electronics, LG is in the mobile phone market still lags behind Nokia and Samsung, they will have the high competition during the flat-panel TV market with Samsung, Sony and Panasonic. This is a big challenge for LG to keep pace with those electronic companies. And in the future, LG will have their owns products. The LG fate will be changed under the leadership, because the company will adopt the new operating system to face the challenge.
LG last year's fourth-quarter operating profit was 23 billion won, it was better than the same period last year the profits were 246 billion won and the loss was 32 billion won last quarter's operating.
One of them, LG mobile phone service operating profit was 9.9 billion won a year earlier to 262 billion won and 140 billion won last quarter's operating loss improved significantly.
The losses to benefit from strong sales of Optimus LTE phone, the product using Google Android operating system, it released in October last year has already sold 1 million, It become the best-selling smartphone LG. and LG said lower profits due to reduced feature phone, mobile phone shipments in the fourth quarter was to 17.7 million, and it was lower than the third quarter of 21.1 million.
LG Electronics said that the growth of smartphone sales and improved profitability of the company. As the world's third largest mobile phone maker, LG Electronics is launching Android smartphones, it is to enhance the company's performance. LG release the smartphone with Android, it is a wise choice that this system will help the company benefit from Android, we will see the smartphone is launched by LG.
Currently, Samsung Electronics and Apple smart phone market is currently being eroded the share of LG Electronics, LG is in the mobile phone market still lags behind Nokia and Samsung, they will have the high competition during the flat-panel TV market with Samsung, Sony and Panasonic. This is a big challenge for LG to keep pace with those electronic companies. And in the future, LG will have their owns products. The LG fate will be changed under the leadership, because the company will adopt the new operating system to face the challenge.
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