Wednesday, February 1, 2012

LG reports handset profit after six-quarter losing

from Reuters:

>>The turnaround was helped by solid sales of its Optimus LTE model, which runs on Google's Android platform and is LG's most popular smartphone with 1 million sold since its October debut.

The firm said handset shipments dropped to 17.7 million in the fourth quarter from 21.1 million in the preceding quarter, as it reduced less profitable feature phones.

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