LG Electronics has done quite well this past quarter. The company had in fact a record second quarter with sales going up 13.8% compared to last year to $11.229 billion while operating profit came in at $878 million. LG’s margin increased to 7.8% compared to 1.1% last year while the mobile division’s margin went up to 11% from 6.7.

Let’s take a look at its Mobile Communications business! LG totaled a $7.981 billion in sales which is 25.8% more than in Q2 2008 while operating profit came in at $422 million. LG’s Home Appliances division came to $1.812 billion in sales while LG’s Home Entertainment business sold 4.28 million TVs which amounts to $3.492 billion in sales and a profit of $174.

With all this big numbers in LG’s Q2 report we can’t help but wonder how the third quarter is going to look like.

via LG

Tags: Earnings Report, LG, LG

After we’ve seen Nokia’s and Sony Ericsson’s Q2 reports, it’s clear that the mobile business wasn’t spared by the financial crisis. And while Sony Ericsson isn’t doing well at all, Nokia managed to keep its market share and get some profits. But the true winners seem to be RIM and Apple which hold just about 3% of the worldwide market. But they don’t seem to care since they managed to bring in 35% of the operating profits. That’s really impressive considering that the two companies are relatively new in the game. RIM and Apple have together surpassed Samsung and LG which hold about 30% of the market but managed to pull in just 20% of the profits.

What’s your next phone going to be?

via WSJ

Tags: Apple, Apple, LG, LG, Market share, Mobile News, Motorola, Nokia, profits, Research In Motion, RIM, Samsung, Samsung, Sony Ericsson

LG has recently announced that it is now one very happy girl scout, having sold 5 million Cookies in just nine months.  The LG Cookie or the KP500 had already found 2 million customers in the first four months of its release, so hitting the 5 million mark barely three months later comes as no big surprise.  Dr. Skott Ahn, President and CEO of LG Electronics Mobile Communications Company remarked:

Achieving five million units in sales in only nine months is proof that we’re on track with our goal to make Cookie a phone that’s loved by everyone.  Our strategy to provide a full touch screen phone at an affordable price has succeeded beyond our original expectations. If the current trend continues, we expect to see Cookie hit sales of 10 million by the end of this year.

We’ll be around to tell you if the Cookie crawls its way to the 10-million mark, and for all those Cookie users out there, remember that you now have a bestseller in your hands.

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Tags: Cell Phones, Cookie, KP500, LG

We have a new trial for you and this time it involves Tsera which claims that it has invented the touchpad and hence everyone else using it will have to pay for the privilege. Tsera says that Apple, Microsoft, LG, Philips, Bang & Olufsen, iriver, Coby, Cowon and Meizu are all in violation of a patent owned by the company. The patent is called “Methods and apparatus for controlling a portable electronic device using a touchpad.” And nobody has paid any money to Tsera for using the technology. Given the big names involved in this huge trial we should expect Tsera to walk away with lots of settlements cash in its pocket.

via The Register

Tags: Apple, Apple, bang & olufsen, coby, cowon, iRiver, LG, LG, Meizu, microsoft, microsoft, Mobile News, Philips, Philips, trial, Tsera

Ever since we first heard of LG’s GD910 watch-phone back in December of last year, we’ve been wondering when we would actually see it hit the North American market, if ever.

Well today, we get a ray of hope shined on the device as it has recenelty made its was through the FCC and is (almost) ready to hit North American shelves. For those of you who have trouble keeping track of your phone, this one’s for you as it straps to your wrist effectively making it impossible to lose, if you never take it off that is.

Now that we’ve seen the FCC shots all we need to hear of is a carrier. AT&T, Verizon, T-Mobile? You guys listening?

Read (FCC)

Tags: At&T, Cell Phones, GD910, LG, LG, Mobile News, Mobile Software, Phone, Portable Devices, Verizon, watch phone, wrist watch

LG hasn’t announced yet its first Android device but it looks like we might have a name for you. Apparently the GW620 Eve is LG’s first device ready to run on Android. Of course LG isn’t officially commenting on the matter so we’ll have to wait a while for it. Rumored specs of the Eve are an HVGA touchscreen display, a full-QWERTY keypad, WiFi, UMTS and WiFi connectivity and an Android browser. It’s this hint that ruined the surprise and made everyone realize that the Eve could be the first Android device available. Should we expect T-Mobile to just grab it and launch it soon?

via NewMobile

Tags: Android, Eve, Google, GW620, LG, LG

If you are one of U.S. Cellular’s subscribers then we have a surprise for you. It looks like U.S. Cellular has leaked a new rebate sheet (check the picture) and you’ll be able to purchase your favorite handset for a cheaper price soon. The list includes some really hot phones like HTC’s Touch Pro2 and Snap, the BlackBerry Tour, Motorola’s W845 and Crush and LG’s UX310 and UX700. The phones will be available just in time for the holidays but we have no specific dates for each of the phones listed above. What will you pick?

via web-rebates

Tags: BlackBerry, Crush, HTC, HTC, LG, LG, Mobile News, Motorola, Motorola, Rebates, SNAP, Touch Pro2, Tour, US Cellular, UX310, UX700, W845

It seems that hot on the heels of LG’s recently pictured BL40 is it’s brethren the BL42 slider. Pictured above is said handset which will also fall into LG’s Black Label series of devices.

Details haven’t been confirmed but reports say the device features a 240×320 resolution display, a 5MP display and a Java based operating system.

But honestly, who needs the BL42 when you can opt for the 4.1-inch touchscreen touting BL40? Well, maybe those on the budget assuming this phone is cheaper than the BL40. Either or, there was no mention of a price point or release date.

Despite the fact that the site isn’t in English, you can check out more pictures of the device, here.

Tags: 5mp camera, BL40, bl42, Black Label, Cell Phones, java, leaked, LG, Mobile News, Mobile Software, pictures, Portable Devices, slider

The video was cool, but these new pictures have us tingling all over again! The BL40 of LG’s Black Label series that we have been hearing about so much lately decided to pose for a few snaps which have now made their to a German forum and from whatever German we understand (whatever Google can Translate that is), the BL40 is still a touchscreen featurephone that sports a 5mpx lens, a gorgeous 4.1 inch touchscreen display with 21:9 aspect ratio and a resolution of 800 x 345, WiFi, and microSD expansion.  What we didn’t know was the Schneider Kreuznach make of the lens, FM transmitter, and almost 335MB of onboard storage.  What’s more, there is another mysterious device in one of the pictures that looks to be another Black Label device, although smaller.  Still, August looks a lot more nearer from this side of the month, so it won’t be long before LG comes out of the closet, right?  Skip over for more pictures…

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Tags: BL40, Black Label, Cell Phones, LG

A new phone is available from Sprint. The LX290 from LG is ready for the limelight but will it make an impression? Well let’s see what it will offer us and then we’ll be ready to offer you an objective conclusion!

The LX290 will offer you a 1.3-megapixel camera with 2x digital zoom, Picture Messaging, a 2.5mm headset jack, NFL Mobile Live, GPS with Sprint Navigaton, a 1.33 x 1.77 inches QVGA TFT screen and a battery that’s going to offer you up to 6 hours of continuous talk time.

The verdict? It doesn’t look so good folks. The LG LX290 is guilty of not standing out from any crowd. You shouldn’t get it, especially as it’s probably too expensive at $29.99 after mail-in rebate on a 2-year contract from Sprint. You’d be better off with a refurbished $79 iPhone 3G. Objectively speaking, of course!

via Sprint

Tags: Cell Phones, LG, LG, LX290, Mobile News, Sprint, Sprint

LG is proud to announce that their GT500 handset has officially launched exclusively on T-Mobile UK.Sure, it’s no BL40 but the GT500 still packs a punch with its 3-inch touchscreen, 5MP camera with autofocus, image stabilization and digital zoom.

Additionally, the GT500 will feature high quality built-in Dolby 2.0 sound (but no 3.5mm headphone jack) and A-GPS. To remedy the fact that it has no headphone jack LG will ship compatible headphones in the box. Storage wise it will feature 130MB of internal storage with a micro SD slot for expansion.

No word on if we will ever see this device Stateside.

Read (Pocket-lint)

Tags: 5mp camera, a-gps, autofocus, Cell Phones, dolby 2.0, GT500, image stabilization, LG, micro sd, Mobile News, optical zoom, Portable Devices, T-Mobile, touch screen

Ever since Apple first launched their App Store pretty much every handset manufacturer has done the same. LG however, has been a latecomer to the game only recently announcing the launch of their LG Application Store in Asia.

The LG Application Store will reportedly launch with 1,400 applications with only 100 of them being free. Furthermore, LG says that if Asia takes to their app store as they predict they will take the service global by the end of 2009.

Read (Yahoo!)

Tags: Android Market, App Store, application store, asia, Cell Phones, LG, Mobile News, Mobile Software

Thought LG’s BL40 was cool? Get ready for their recently launched GB130, a phone sure to impress, well, no one besides those on a budget.

As you can see, the GB130 is pretty simple with its 2-inch 160 x 120 resolution screen, FM radio and slide out number pad. Nope, no touchscreen, no app store, but it does have a reported 6.5 hours of talk time.

LG’s GB130 is set to launch for the Russian market at some point in the near future for 2,990 rubles or about $90.

via EngadgetMobile

Tags: budget phone, Cell Phones, fm radio, GB130, LG, Mobile News, russian market, slider

You know, we could have waited till August to feast our eyes on the Chocolate successor, and if LG had been able to keep this promotional video under wraps for just a few more days, they could have had the grand opening that they had planned for.  The authenticity of the above video is debatable, but the video itself looks professional enough and confirms many of the features that we heard about a while back and more.  According to the promo, the BL40, the fourth cellphone in LG’s Black Label series, will have a huge 4-inch (not 3 inches like we heard the last time) touchscreen display that is not only capable of 800×345 pixel resolution and a 21:9 aspect ratio, but can do multi-touch too.  Other rumored features like a 5-megapixel camera, HSDPA 7.2Mbps support, and WiFi are all accounted for and the Flash-based 3D interface looks like a joy to touch through.  A worthy iPhone competitor or not, the BL40 sure looks like a great heir to the ever popular LG Chocolate.  Watch the video above and tell us if you think the same too!

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Tags: BL40, Cell Phones, chocolate, LG, Uncategorized, video

LG has its very own 12-megapixel phone. The LG GC990 Louvre is going to be available at some point in the future but it has decided to make an appearance. The phone will offer you neat specs like a 12.1-megapixel shooter, a Schneider-Kreuznach lens, touch-focus features, a 3.2-inch 16:9 touchscreen display, DNLA, TV-Out, XviD and DivX playback, Bluetooth connectivity, aGPS and WiFi connectivity. In other words, the GC990 is a great camera that doubles as a phone. It gets even better! The Louvre can handle ISO of up to 3200 for images and it can record video up to 720p at 30fps. Have we gotten you all excited about it? So now we need some prices and arrival dates! What do you say LG?
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Tags: 12 megapixel, camera phone, Cell Phones, GC990, LG, LG, Louvre, Mobile News, Portable Devices

First teased this morning, LG’s second-gen Chocolate has been extremely hyped for some time now. However, details on the phone weren’t supposed to be released until next month.

Well, if rumors are to be believed more details on the phone have leaked out. The phone’s model number will reportedly be BL-40, the screen will be more than 3 inches diagonally and feature a 21:9 aspect ratio and a resolution of 800 x 345. Additionally, the handset will feature a 5MP camera and HSDPA.

Are these rumors to be believed? If so I’m likin’ what I’m hearin’ so far. I guess we’ll have to wait until next month to pass final judgement.

Read (Tweakers.net)

Tags: Cell Phones, chocolate, LG, Mobile News, Next Generation, rumor, second generation, speculation, Teaser

Ready for some more chocolate guys and gals? Well LG is certainly preparing for more. Although not official yet, the new Chocolate phone is in the works. The Spanish LG blog has revealed some pictures of the new Chocolate today and we definitely like what we see so far. The teaser photos briefly show the new LG while not revealing anything in particular. Exactly as a teaser should work. At least we know that more details are coming our way in August and hopefully next month LG is going to officially unveil its fourth model of the Black Label series.

via LG Spain

Tags: Black Label, chocolate, LG, LG, Mobile News, Portable Devices, spain, Teaser

Remember LG’s watchphone which we showed you a long time ago? Well it seems that LG is ready to offer it for sale in the UK this August. Orange UK is apparently the carrier that has the exclusivity for the GD910 so that’s where you should head to for specific pricing details. Despite being a pretty small cellphone you can expect it to cost at least $1,000 if not more. Other European markets should also start selling the GD910 but we’ll keep you updated.

via T3

Tags: Europe, GD910, LG, LG, Mobile News, Orange, Other Brands, UK, watchphone

LG is holding the third spot after Nokia and Samsung when it comes to market share but the manufacturer has big plans for the future. By 2012 LG plans to get that second spot currently held by Samsung. It’s going to be a fierce fight since Samsung is a force to be reckoned with in the mobile business.

In order to accomplish its plans, LG will launch a “Black Label” phone before the end of the year meant to compete against the iPhone. LG is also working on the third version of the Prada III and other smartphones are expected too. Windows Mobile and Android will be the chosen OS for these future smartphones so we’re definitely interested to see LG’s future line up.

What do you think? Will LG be able to conquer that sweet second spot position?

via yonhapnews

Tags: Android, iPhone, LG, LG, Mobile News, Nokia, Nokia, Prada III, Samsung, Samsung, Windows Mobile

The most important cell phone makers out there have already announced 12-megapixel camera phones or are on the verge of doing so. We already know that Samsung, LG or Sony Ericsson will offer their customers a 12-megapixel shooter and Nokia will not want to miss any of that action.

The Finnish company will launch a 12-megapixel camera phone by the end of the year. There’s no official news from Nokia about the new phone but the rumors say it will feature a Carl Zeiss lens capable of optical zoom. That optical zoom will definitely convince some people to pick this 12-megapixel camera phone over that the competition has to offer.

via phonereport

Tags: 12 megapixel, Carl Zeiss, LG, LG, Nokia, Nokia, optical zoom, Samsung, Samsung, Sony Ericsson, Sony Ericsson