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Sony Ericsson Xperia Neo
Sony Ericsson Xperia Neo
Sony Ericsson XPERIA Arc
Sony Ericsson XPERIA Arc
Sony Ericsson XPERIA PLAY
Sony Ericsson XPERIA PLAY

LG fourth quarter 2005 earnings

24 Jan 2006 | Financial , LG | 0 comments


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LG today announced its financial results for the fourth quarter of 2005. Sales increased 5.3% sequentially to $2.7 billion with 8.1% operating margin to $221 million, which is 70.2% jump from the previous quarter. Handsets sales was up 6.9% to $2.4 billon with also 8.1% operating margin to $201 million, 60.7% rise from the previous quarter.

CDMA shipments were up 5% in Korea, down 6% in overseas and improved ASP geared sales in GSM to North American operators, Europe and CIS markets. WCDMA shipments also increased a strong 86% quarter-on-quarter. Success of -black-label- CDMA phone and new slim 3G led the overall improvement in profitability.

Total shipments increased by 24% year-on-year, which is 54.9 million units from 44.4 million units, and 5% quarter-on-quarter to 16.2 million units from 15.5 million units.

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