LG Electronics unit says U.S. sales up
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Revenues at the U.S. unit of LG Electronics Inc.  rose 39 percent in the first half, and North American sales are expected to top $10 billion this year, fueled by demand for mobile phones, flat-screen displays and appliances, it said on Thursday.
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US retailers have seen sales pick up faster than expected, making the biggest improvement since July.
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U.S. chain store retail sales rose in the latest week, a report said on Tuesday.
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LM Ericsson, the world's largest maker of wireless networks, on Friday said earnings grew 12 percent in the second quarter, boosted by strong sales in Asia.
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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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Verizon Wireless said on Monday it  will start to sell a new LG Electronics Inc.   smartphone, the latest handset with computer-like functions to  join an increasingly crowded U.S. market.
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Global mobile phone sales rose by a robust 17.4 percent to nearly 271 million handsets in the second quarter, driven by dizzying sales growth of more than 40 percent in the Asia-Pacific region, according to the latest data from research firm Gartner. Moreover, Gartner now predicts that worldwide mobile phone sales will reach 1.13 billion units for the entire year.
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Sony Corp. said U.S. sales of electronics have been better than expected so far this holiday shopping season, fueled by demand for flat-panel televisions and digital cameras.
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Cingular Wireless, the No. 1 U.S.  mobile service provider, said on Thursday second-quarter net  income and revenue rose as it added new subscribers at a rate  that was better than expected.
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Wal-Mart Stores Inc., the world&#39;s largest retailer, estimated November sales at US stores open at least a year rose about 0.7 percent, less than its forecast, amid higher gasoline prices that curbed consumer spending.
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An increase in sales of high-end handsets and general growth in the cell-phone market helped give Sony Ericsson a better-than-expected third quarter.
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U.S. retail sales increased by 0.1 percent in November, the Commerce Department said on Monday, slightly stronger than expectations, while the previous month was revised sharply higher.
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Korean cell phone maker LG Electronics  Inc (066570.KS) aims to sell 38 percent more handsets in Europe  in 2008 than last year, helped by new models like Viewty, it  said on Wednesday.
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CHEJU, South Korea  - Samsung Electronics Co. Ltd.   005930.KS said on Thursday it sees global mobile phone sales   growing faster than expected this year while its own handset   sales would meet its target.
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Global mobile phone sales grew 35% to over 150 million in the second quarter, say industry analysts Gartner.
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Swedish-Japanese mobile phone maker Sony Ericsson reported higher fourth-quarter sales and average selling prices than expected on Tuesday, saying its 3G handsets and camera phones were driving the growth.
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November sales soar for major Windows Mobile phone maker