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RECORD SMARTPHONE SHIPMENTS BOOSTS  LG ELECTRONICS QUARTERLY EARNINGS

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RECORD SMARTPHONE SHIPMENTS BOOSTS LG ELECTRONICS QUARTERLY EARNINGS

LG Electronics (LG) announced unaudited third quarter consolidated revenues of KRW 14.92 trillion (USD 14.54 billion), an increase of 7.4 percent year-over-year, and operating profit of KRW 461.3 billion (USD 449.61 million), more than double the figure from the same period a year ago. LG’s earnings reflected strong performance from its mobile business which saw record smartphone sales in...

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