Posted by igllespierolando on July 14, 2008
SEOUL, July 9 (Reuters) - South Korean inactive box maker LG Display Co Ltd (034220.KS: , , ) reported on Wednesday its openwork profit more than trebled thanks to strong demand for flat-screen televisions and solidly supplies of PC panels. LG Display (LPL.N: , , ), the world’s No. 2 maker of large-sized running crystal displays (LCDs), posted a 759 billion won ($738.3 million) reticle profit in the second quarter to June 30, compared with 228 billion won earned in the year-earlier interval and 717 billion won in the January-March quarter.
The follow-up was in line with a forecast for 752 billion won from ten analysts surveyed by Reuters. But concerns are growing about the profitable crystal display (LCD) industry’s standpoint as a global economic slowdown threatens to depress consumer spending while falling panel prices are set to injury margins. Analysts had widely expected a downturn to hit the sector at the end of the year, but they mean that slowdown could come sooner and lead to a longer-than-expected slump. Shares in LG Display, merit about $12 billion in market value, fell 11.8 percent in the second quarter against a 1.7 percent reduction in the broader market as the industry’s outlook dimmed.

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Posted by igllespierolando on July 1, 2008
Apple will divulge earnings for the company’s third fiscal quarter of 2008 on July 21, the consanguineous conference call beginning at 2:00pm Pacific Time. Unless you are in need of a strong soporific, it’s advised you let four-figure analysts peer myself listen for you and report whatever relevant knowledge is found amidst the obfuscation and non-answers of Apple executives. One question that will be difficult to dodge is how, exactly, Apple found itself competition out of iPhones a full two months before the upcoming introduction of a additional model. Besides that, the big news will likely be Mac sales.
Over the last three years, Mac sales have been increasing around 50 percent YOY, approximately doubling for the same quarters in 2006 and 2008. 1.236 and 1.112 million Macs for the in the first place two quarters of 2006 became 2.319 and 2.289 million Macs for the same quarters in 2008.

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Posted by igllespierolando on May 26, 2008
SEOUL, May 26 (Reuters) - LG Electronics is keeping a inseparable affection on potential moves by top handset maker Nokia but is generally positive about the industry’s medium this year, an executive said on Monday. “We are carefully watching Nokia,” Chang Ma, LG’s degeneracy president for marketing strategy told Reuters in an interview. Shares in LG Electronics tumbled more than 8 percent on vend talk that world No.1 mobile phone maker Nokia may slit its handset prices and re-enter South Korea in the second half of this year. Shares in No.4 handset maker LG closed down 3.8 percent at 140,500 won after distressful 130,500 won.
Shares of bigger nursing home rival Samsung Electronics, the world’s No. 2 maker, closed down 3.96 percent at 679,000 won, underperforming a 1.5 percent succumb in the wider market.

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Posted by igllespierolando on May 2, 2008
LG Electronics became the world’s fourth largest animated phone maker in the key quarter by surging to the fore of SonyEricsson for the first time since 2006. The maker of Viewty and Prada phones now joins the elite heap of Nokia, Samsung Electronics and Motorola in the cell phone market. Furthermore, LG sees that it will be able to influenced ailing Motorola in the second half of this year.
SonyEricsson, which is owned by Japan’s Sony and Sweden’s Ericsson, said on Wednesday that it sold 22.3 million alert phones between January and March, down from 30.8 million in the earlier quarter. Meanwhile, LG Electronics shipped 24.4 million units in the January-March years to steal the fourth sentiment in the global market share.
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Posted by igllespierolando on May 1, 2008
SEOUL, April 30 (Reuters) - LG Electronics (066570.KS: , , ) has claimed the high point discoloration in the plasma screen business in the first quarter thanks to surging bid for affordable flat screen televisions, market rearch firm DisplaySearch said. “Strong vegetation of 32-inch panels continued, rising from 11 percent to 15 percent of shipments during the quarter, as LCD (liquid crystal display) provide remains tight and demand remains extreme in developing markets for low priced flat panel TVs,” DisplaySeach said in a declaration dated April 29. LG shipped 34.8 percent of panels in the PDP deal in in the first quarter.
Japan’s Matsushita Electric Industrial Co (6752.T: , , ) floor from No. 1 to No. 3 with a 27 percent sell share, the first time it has not been the top player since the third quarter of 2006.
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Posted by igllespierolando on April 30, 2008
SEOUL, April 30 (Reuters) - LG Electronics (066570.KS: , , ) has claimed the prune neighbourhood in the plasma screen business in the first quarter thanks to surging enquire for affordable flat screen televisions, market rearch firm DisplaySearch said. “Strong excrescence of 32-inch panels continued, rising from 11 percent to 15 percent of shipments during the quarter, as LCD (liquid crystal display) inventory remains tight and demand remains fervent in developing markets for low priced flat panel TVs,” DisplaySeach said in a proclamation dated April 29. LG shipped 34.8 percent of panels in the PDP peddle in the first quarter.
Japan’s Matsushita Electric Industrial Co (6752.T: , , ) strike down from No. 1 to No. 3 with a 27 percent superstore share, the first time it has not been the top player since the third quarter of 2006.

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Posted by igllespierolando on April 14, 2008
SEOUL, April 14 (Reuters) - LG Electronics (066570.KS: , , ) should record stubborn first-quarter profits on Wednesday as leading margins at its mobile phone unit and robust takings at its LCD joint venture will make up for a slow recovery in the plasma business. South Korea-based LG’s attitude for the rest of the year remains supported by mobile phones and appliances, boosted by a weaker won which makes LG’s exports more competitive.
The perspective is slightly clouded for the firm’s ceremony unit, which could come under pressure from an intensifying pricing war and a slowing U.S. economy. “LG’s appearance in handsets was simply amazing and will probably be even better in the second quarter,” said Harrison Cho, an analyst at Mirae Asset Securities.
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