LG Beats Samsung in Mobile Phone

LG Electronics’ mobile phones are beating their rivals from Samsung Electronics. LG Electronics earned its largest-ever quarterly operating profit of W313.2 billion (US$1=W915) in the cell phone sector, while Samsung Electronics suffered from a decrease in sales and operating profit in the filed. LG Electronics says its phone sector earned W2.7 trillion in sales in the second quarter of the year, up 15.1 percent on-quarter and 26.9 percent from the same period last year.

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