LG Electronics has announced their earnings for Q2 2014, in which it has reported net profit of 412 billion Won (US$ 399.8 million) with operating profits of 606 billion Won (US$ 588.5 million). Mobile communications sector earned revenues of 3.62 trillion Korean Won (US$ 3.51 billion), 16% increase YoY. The company has put an end to three consecutive quarters of losses in the mobile division. Continue reading “LG reports Q2 2014 earnings, record 14.5 million smartphones shipped”