LG Electronics said that sales in its mobile communications division climbed 22% year-on-year to 4.65 trillion Korean won (4 billion US dollars) in the third quarter of 2009, powered by a 25% increase in handset revenues to 4.38 trillion won. Handset shipments climbed 37% to 31.6 million units boosted by strong sales in Europe, Latin America and Asia.
In the fourth quarter, LG plans to bolster its smartphone lineup to meet rising demand in North America, in particular. source: LG Electronics statement
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