LG mobile hopes to bounce back with LTE

LG mobile hopes to bounce back with LTE -

The mobile division at Motorola reported that loss of USD 139 billion ($ 128.47 million USD) in Q3 2011. This is the sixth consecutive quarter in which LG losing money, and twice as bad as the results of Q2 2011 according to Reuters. "Earnings reports today does not ring alarm because investors are already aware that it is doing poorly," said LG investors Park Yong-myung. "The problem of its mobile business flounder is already reflected in stock, which is almost half."

While HTC and Samsung have reported record sales with their flagship devices, Motorola reported a decrease from one year to 8.5 percent in sales. LG Mobile Communications continues to struggle in its efforts to pursue other Android smartphone makers.

LG is now equally optimistic about the LTE Optimus, who headed to Canada as Optimus Eye on Bell. During the disappointing results in Q3 2010, Nokia remains optimistic that the prospects will improve thanks to the new Optimus One series. Those hopes proved to be successful as a cheap mobile phones shipped millions of units worldwide.

Meanwhile, HTC, Motorola, and Samsung have released or announced the killing of products to appeal to a wide range of customers. In addition to the LG Thrill (Optimus 3D) was released on AT & T, LG has not had a major release outside of Korea for months. LG does not have a diversified portfolio, but if you can repeat the success of a mobile phone such as Optimus One attractive to some operators, can hope to reverse fate.