Handset sales give LGE record profit
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LG Electronics Inc., Korea&#39;s second-largest electronics-maker, yesterday reported a 36 percent increase in its third-quarter profits, beating analyst forecasts thanks to a jump in its mobile phone handset sales.
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Kitchen equipment group Aga sees growing overseas demand for its cookers lift half-year profits to a record.
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Estonian handset wholesaler AS Mobile Wholesale, an EMT subsidiary, announced today that approximately 160,000 mobile phones were sold on the EMT and Elion sales network in the previous year.
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Worldwide mobile phone sales exceeded 156.4 million units in the second quarter of 2004, a 35 percent increase over the second quarter of 2003, according to a report released this week by Gartner Inc.
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Global sales of mobile telephones hit a record 156 million in the second quarter, a study published by the US research group Gartner showed.
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Nokia, the world's leading mobile phone maker, posted Thursday an 85 percent rise in third quarter net profit to 1.56 billion euros (2.22 billion dollars) even though mobile phone sales were only up by three percent.
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Tokyo, Feb. 8 (Jiji Press)--Softbank Corp.  on Thursday reported record nine-month group revenue and profits for April-December 2006 thanks to its robust mobile phone business.  In the first nine months of fiscal 2006, net profit increased 23.1 pct from a year before to 21,933 million yen.
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LG Electronics Inc., South Korea's biggest maker of home appliances, said Tuesday its third-quarter net profits rose more than 30 percent on brisk sales of mobile phones.
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Qualcomm posted a profit of $767 million, or 46 cents a share, for the period that ended Dec. 30, compared with $648 million, or 38 cents a share, in the year-ago quarter.
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LG Electronics Inc., South Korea&#39;s biggest maker of home appliances, said Tuesday its third-quarter net profits rose more than 30 percent on brisk sales of mobile phones.
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The research firm&#39;s third-quarter handset sales figures are out, indicating the South Korean company took more of the market than rival Motorola for the first time as total sales set a new record.
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Nokia Corp. increased its global market share of mobile phone handsets for a second successive quarter, reaching 30.9 percent with sales of 51.7 million units, market researcher Gartner Inc.
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Kuwait's Mobile Telecommunications Co (MTC) announced record net profits of 305.3 million dinars (1.056 billion dollars) in 2006, a 67.9 percent year-on-year rise.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its goal of 40 percent market share in handset sales. The companyâs stock soared.
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South Korea&#39;s LG Electronics Inc.  (066570.KS) swung to a profit in the second quarter as a  turnaround in its LCD venture and strong mobile phone sales  outweighed heavy losses in its plasma display business.
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Its net income during the June to September period was 2.69tr won (Â£1.2bn), 46% up on the same period a year earlier. During the period, which is Samsung Electronics&#39; fiscal third quarter, the company said
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All handset vendors combined shipped  285 million cell phones in the July-September quarter, with  strong demand in Asia and Africa lifting sales 12 percent from  a year ago, research firm Strategy Analytics said on Thursday.