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Monday, June 6, 2011

Later losers, LG Hard Achieve This Year Profit in Q2


The third largest mobile phone vendor in the world, LG Electronics, reportedly had difficulty obtaining the mobile business profits, especially in the second quarter of this year.

LG Electronics CEO, Bon Joon Koo, say, at this very difficult for LG to be able to ride again and produce a positive value after obtaining a negative value from a year ago. LG phones reportedly not too sold on the market in the first quarter of this year.

Even so, the LG through its Chief Financial Officer, David Jung, feel optimistic with the increase in sales and earnings this quarter. Especially sales of the latest smartphone Optimus series that runs Android software and is assisted also by the sale of TV that displays the newest 3D functions.

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