Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 01 February 2012 08:00

LG reports handset division profit

Written by Nedim Hadzic

lg

After six quarters in the red

LG Electronics’ handset division has ended a six-quarter long streak of bad luck and reported profit for Q4 of 2011.

LG reported Q4 operating profit of $20.5 million, which is dramatically lower than forecasted. Its handset division’s operating profit stands at 9.9 billion won, which amounts to US$8,800,000. While the amount may not seem significant, the fact that the division lost close to a billion dollars since Q2 2010 will put things in perspective.

It is said that the company rode on the success of Optimus LTE. Indeed, the phone has turned out to be somewhat of a golden goose and LG has sold 1 million units since it hit the market in October.

More here.



Last modified on Wednesday, 01 February 2012 09:57

Nedim Hadzic

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments