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LG doubles smartphone shipments to 10.3 mln in Q1

2013-04-24 09:01:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported a drop in first-quarter profits, as a strong improvement at its mobile phone activities was offset by weakness at the home entertainment division. Operating profit fell to KRW 350 billion from KRW 402 billion a year ago, and net profit dropped to KRW 22 billion from KRW 248 billion, hurt also by weaker results at LG Display. Revenues were still up 6.8 percent year-over-year to KRW 14.10 trillion, mainly due to the improved performance of the mobile business. Mobile revenues rose 28.6 percent from a year earlier and 14.2 percent from Q4 to KRW 3.21 trillion. Operating profit at the division rose to KRW 133 billion from KRW 35 billion a year ago. LG said it shipped 10.3 million smartphones in the quarter, more than double the amount in the year-ago period and 20 percent more than in Q4. Growth was led by its premium LTE phones such as the Optimus G, as well as the new L series phones and Google Nexus 4. LG said it expects further growth in the smartphones market, particularly in LTE, but competition will intensify as well. In the coming quarter, it aims to increase shipments with the global launch of the Optimus G Pro and full launches of the LTE F series and 3G L series II targeted at the mid to low-end segment, while also focusing on cost control.

Tags: smartphone doubles q1 shipments

 

Broadcom eyes more smartphone chip sales

2013-04-24 05:17:27| Semiconductors - Topix.net

Broadcom's first-quarter results beat expectations and the chipmaker said much of its growth this year would come from selling more components to smartphone makers.

Tags: sales eyes chip smartphone

 
 

BlackBerry Q10 smartphone to hit stores May 1; major carriers to stock model

2013-04-24 01:42:46| Wireless - Topix.net

BlackBerry says the keyboard version of its new smartphone will arrive in Canadian stores on May 1, and in the United States later the same month.

Tags: to major stock model

 

BlackBerry Q10 smartphone to hit stores May 1

2013-04-23 23:57:50| Telecom - Topix.net

BlackBerry says the keyboard version of its new smartphone will arrive in Canadian stores on May 1, and in the United States later the same month.

Tags: hit stores blackberry smartphone

 

First-ever Braille smartphone could hit stores this year

2013-04-23 21:30:00| CNET News.com

Touch screen transforms images and text into touchable patterns, enabling users to interpret facial expressions, maps, and graphics. [Read more]    

Tags: year hit stores smartphone

 

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