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LG handset business still losing money in 2Q12 despite rising smartphone shipments

Daniel Shen, Taipei; Steve Shen, DIGITIMES Asia Thursday 26 July 2012 0

LG Electronics has reported losses for its handset business in the second quarter of 2012 although smartphone shipments accounted for 44% of total handset shipment in the quarter, compared to a ratio of 36% in the previous quarter.

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