Archive for April 21st, 2009

LG thrives in mid-tier, but moves higher up

Despite posting a 7% year-on-year decline and 12% decline from the previous quarter, LG’s first-quarter earnings beat estimates, and the company is expecting sales to improve going forward. The world’s third-largest handset maker had the most success in its mid-tier handsets, but is looking towards the higher-end to fuel its growth into Q2. more

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