Thursday, April 23, 2009

Though down, LG beat estimates with strong (haptic) handset sales

cellodude on the IV MB:

>>Though down, LG beat estimates with strong (haptic) handset sales

[Lee Sung-Joon, an analyst at SK Securities, commented: "LG's mobile phone division showed strong profit, especially in China and North America. Instead of selling more in terms of quantity, LG sold more expensive phones."

Strong elements of the LG handset portfolio include CDMA, high end mediaphones like the [IMMR haptic enabled] Arena and Renoir, and strong sales to China.]

http://www.rethink-wireless.com/?article_id=1291

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