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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.
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UPDATE 3-Union Pacific sees short-term recovery in coal shipments
2013-04-19 01:45:02| Railroads - Topix.net
Union Pacific Corp, the No.1 U.S. railroad, reported strong quarterly results helped by higher freight rates and forecast a short-term recovery in coal shipments as large utilities rebuild stocks they have run down over the past year.
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pacific
recovery
sees
Synaptics in-Cell Touch Solution Continues to Gain Traction as Shipments Begin into Premium ...
2013-04-18 06:00:00| Industrial Newsroom - All News for Today
Second Generation ClearPad™ 3250 Hits the Market in the Huawei Ascend P2<br /> <br /> SANTA CLARA, Calif. – Synaptics Inc. (NASDAQ: SYNA), a leading developer of human interface solutions, today announced its In-Cell mobile solution continues to gain traction as the Huawei Ascend P2 comes to market with the second-generation ClearPad™ 3250. Synaptics ClearPad 3250 In-Cell solution is the first and only single-chip touch controller that integrates touch directly in the ...This story is related to the following:Computer Hardware and PeripheralsControls and ControllersSearch for suppliers of: LCD Touchscreens | Touchscreen Materials | Touchscreen Operator Interfaces | Touchscreen Control Panels |
Tags: premium
solution
begin
gain
Nokia preps 'hero' Lumia handset to reinvigorate US shipments
2013-04-18 02:00:00| Total Telecom industry news
Cost cutting helps struggling Finnish handset maker narrow Q1 loss, but revenue, smartphone volumes slump.
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hero
shipments
handset
CSX railroad's 1Q improves as rate increases offset lower coal shipments, earnings beat Street
2013-04-17 03:59:31| Railroads - Topix.net
CSX Corp.'s first-quarter profit chugged ahead 2 per cent as a decline in coal revenue was offset by rate increases for other shipments.
Tags: rate
street
lower
increases
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