LG Electronics has announced their earnings for Q3 2012. They have reported net profit of 157 billion Won (US$ 138.57 million) with operating profits of 221 billion Won (US$ 195.06 million). The Mobile phone sales were 5.4 percent more compared to last quarter with operating profit of 22 billion Korean Won (US$ 19.42 million), but it is 11.4% less compared to Q3 2011. LG shipped 14 million units of mobile phones in Q3 2012, 9 percent increase compared to previous quarter. Continue reading “LG reports net profit of $138.57 million in Q3 2012, Mobile phone sales up by 5.4%”