LG Mobile results are up

LG’s Mobile Communication Company results for the last three months of 2008 show sales of 4.49 trillion Korean Won (around £2.4 billion), which is up 34.6% year-on-year. Handset sales were up 40.3% year-on-year and 16.5% up on the previous quarter. In addition, handset shipments were up 8% year-on-year to 25.7 million, which meant over 100 million units were sold in 2008 compared with 80.5 million units in 2007. Digitimes.com says this puts LG in third place worldwide, ahead of Motorola and Sony Ericsson (and behind Nokia and Samsung). [Press release]