LG Q1 2005
19 Apr 2005 | Financial , LG | 0 comments
LG Electronics has made public today its first quarter earnings for 2005. A bad investment in LCDs resulted in poor results. Still, LG Electronics was able to sell 11.1 million mobile phones (up 27% from the first quarter of 2004). The LG mobile phone division had a 4.7% profit margin.
Both Samsung and Sony Ericsson announced a drop in earnings. Nokia will announce its Q1 on 21st of April.
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