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LG smartphone shipments soar 26% to 15.4 mln in Q1

2015-04-29 08:40:00| Telecompaper Headlines

(Telecompaper) LG Electronics announced a net profit of KRW 38.4 billion in the first quarter, up 0.3 percent from the year before but rising significantly from the loss of over 205 million reported in the fourth quarter. The operating profit lifted 2.2 percent from the year earlier to KRW 305.2 billion. Revenues were virtually unchanged at KRW 13.99 trillion, with soaring smartphone sales offset by modest revenue declines in TVs. LG's mobile division recorded its highest first-quarter revenues since introducing its first Android device in 2010, with shipments rising 26 percent year-on-year to 15.4 million smartphones. Revenues advanced 5 percent to KRW 3.6 trillion and operation profit margins improved both quarter-over-quarter and year-over-year. Sales in North America jumped 66 percent from the year before, while sales in Korea grew 57 percent from the previous quarter with the introduction of the G Flex2 premium smartphone with Plastic-OLED display. The launch of the LG G4 in the second quarter is expected to strengthen the company's presence in the premium smartphone segment and further improve profitability.

Tags: smartphone q1 shipments mln

 

Microsofts Xbox revenues fall, shipments still lag Sony

2015-04-24 21:37:06| Extremetech

While flat sales in a seasonally off-peak quarter aren't bad by any means, they still put the Xbox division well behind Sony, which sold 1.7 million consoles in just January and February.

Tags: fall sony xbox revenues

 
 

802.11ac Wi-Fi CPE Shipments To Accelerate In 2015 To Reach 71 Million Units, Says ABI Research

2015-04-24 06:08:40| rfglobalnet Home Page

The worldwide consumer Wi-Fi equipment market increased 5% in 2014, surpassing 166.1 million unit shipments. “Shipments of devices which support the 802.11ac standard grew significantly in 2014, representing more than 11% of total access point shipments,” says Jake Saunders, VP and Practice Director, ABI Research.

Tags: research million reach units

 

802.11ac Wi-Fi CPE Shipments To Accelerate In 2015 To Reach 71 Million Units, Says ABI Research

2015-04-24 06:08:40| wirelessdesignonline News Articles

The worldwide consumer Wi-Fi equipment market increased 5% in 2014, surpassing 166.1 million unit shipments. “Shipments of devices which support the 802.11ac standard grew significantly in 2014, representing more than 11% of total access point shipments,” says Jake Saunders, VP and Practice Director, ABI Research.

Tags: research million reach units

 

CP reports crude-by-rail shipments down 8%, but revenue up

2015-04-22 14:45:53| Railroads - Topix.net

Canadian Pacific Railway Ltd. reported shipments of crude oil by rail have dropped eight per cent by volume compared to last year, but its revenue increased by 10 per cent in the first quarter. In its earnings report released Tuesday, CP said grain shipments and metal and minerals shipments were both down by two per cent compared to the first quarter of last year.

Tags: up reports revenue shipments

 

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