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LG Q3 revenues jump 7.4% on record smartphone sales
2014-10-29 08:08:00| Telecompaper Headlines
(Telecompaper) LG Electronics has reported third-quarter revenues of KRW 14.92 trillion (approximately USD 14.54 billion), which represents an increase of 7.4 percent year-on-year. Third-quarter operating profit reached KRW 461.3 billion, more than double the figure from the same period a year ago. Net profit jumped to KRW 203 billion from KRW 109 billion a year ago. Earnings reflected a strong performance from LG's mobile business which saw record smartphone sales in the third quarter with sales of 16.8 million units, the company said.
Tags: sales
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record
revenues
Smartphone launches boost Gorilla glass maker Corning
2014-10-28 19:55:24| Industrial Machines - Topix.net
Corning Inc, the supplier of Gorilla glass to Apple Inc and Samsung Electronics, reported higher-than-expected quarterly revenue and earnings, helped by launches of new smartphone models. Shares of the company, which also supplies LCD panels to consumer electronics companies such as Sony Corp, LG and Lenovo Group, rose 1.6 percent in early trading.
Tags: glass
maker
boost
launches
Smartphone launches boost Gorilla glass maker Corning
2014-10-28 19:30:27| Telecom - Topix.net
Corning Inc, the supplier of Gorilla glass to Apple Inc and Samsung Electronics, reported higher-than-expected quarterly revenue and earnings, helped by launches of new smartphone models. Shares of the company, which also supplies LCD panels to consumer electronics companies such as Sony Corp, LG and Lenovo Group, rose 1.6 percent in early trading.
Tags: glass
maker
boost
launches
Smartphone launches boost Gorilla glass maker Corning
2014-10-28 19:30:05| Electronics - Topix.net
Corning Inc, the supplier of Gorilla glass to Apple Inc and Samsung Electronics, reported higher-than-expected quarterly revenue and earnings, helped by launches of new smartphone models. Shares of the company, which also supplies LCD panels to consumer electronics companies such as Sony Corp, LG and Lenovo Group, rose 1.6 percent in early trading.
Tags: glass
maker
boost
launches
Amazon Fire Sale After Smartphone Flames Out
2014-10-27 18:22:57| IT Services - Topix.net
Amazon has long acted like an ideal customer on its own website: a freewheeling big spender with no worries about balancing a checkbook. Investors confident in founder and CEO Jeff Bezos' invest-and-expand strategy flooded into the stock as the company revolutionized shopping, upended the book industry and took on the cloud - even though its vast range of initiatives ate up all the company's profits.
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