For the fifth time in a closed loss-making quarter, the smaller of the South Korean mobile phone manufacturing division.
Analysts expected higher losses in closed quarters, LG Group, which in the previous quarter to 10.3, compared to last year was 4 percent lower revenue of $ 11.57 billion, while a loss of $ 371.36 million had to be booked. The greatest loss suffered by the mobile phone division, which is from July to September quarter, 21.1 million units while sales of $ 125.58 million in accumulated losses. The fifth consecutive quarter of revenue loss component of $ 2.41 billion, which was 9.5 on the previous year, the previous quarter drop of 16 percent. LG’s leadership in the Christmas quarter is very confident about, as the Optimus One’s global presence and the new Windows Phone 7 models are expected to be high enough sales can produce.