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NOKIA LG Electronics and Nokia Technologies agree on smartphone patent license Espoo, Finland – LG Electronics has agreed to take a royalty-bearing smartphone patent license from Nokia Technologies. The Korean company is the latest of more than 60 licensees for Nokia’s 2G, 3G and 4G mobile communication technologies and the first major smartphone manufacturer …
Companywide Operating Profit Doubles as Mobile Business Revenues Surge 39 Percent with Nearly 17 Million Smartphones Sold SEOUL, Oct.29, 2014 ― LG Electronics (LG) announced unaudited third quarter consolidated revenues of KRW 14.92 trillion (USD 14.54 billion), an increase of 7.4 percent year-over-year, and operating profit of KRW 461.3 billion (USD 449.61 million), more than …
Success of LG G3 Contributes to Record Smartphone Shipments in Quarter SEOUL, July24, 2014 ― LG Electronics Inc. (LG) announced a 165 percent increase in second-quarter net profit compared with the same period last year, reflecting strong earnings from both the TV and mobile operations. LG reported second-quarter 2014 net profit of KRW 412 billion …