LG posts 78% smartphone growth in US holiday quarter over last year

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LG posted its quarterly earnings numbers today and boasted  impressive numbers in its smartphone group. Globally, Smartphone sales were up 24% but in the US alone, smartphones shipments were up 78% for the quarter year over year. LG ended the year having moved 59.1 million smartphones, bolstered by its popular G3 flagship. Those aren’t Apple numbers by any stretch but still very solid.

LG also posted growth in its home entertainment sector but a net loss overall for the quarter mostly due to charges related to shutting down its Plasma business.

SEOUL, Jan. 29, 2015 ― LG Electronics Inc. (LG) today announced net profit of KRW 501.40 billion (USD 474.81million) for full-year 2014, an increase of 125 percent over 2013 net profit. Operating profit increased significantly in 2014 to KRW 1.83 trillion (USD 1.73 billion) from KRW 1.25 trillion (USD 1.14 billion) in 2013, an increase of 46 percent. Full-year consolidated revenue of KRW 59.04 trillion (USD 55.91 billion) was mainly boosted by a 24 percent increase in smartphone shipments.

The LG Mobile Communications Company reported a 16 percent increase in annual revenue to KRW 15.06 trillion (USD 14.26 billion) with help from North America, where shipments increased 78 percent during the fourth quarter of 2014 from the previous year. Fourth-quarter revenue of 3.78 trillion (USD 3.48 billion) was 5 percent higher than the same period in 2013. A total of 59.1 million smartphones were shipped in 2014, an increase of 24 percent from the previous year, among 78.2 million mobile handsets sold last year. Expecting a challenging year ahead with greater competition globally from various manufacturers, LG will concentrate on improving its brand power, operating more efficiently, and focusing on selective key markets.

Qualcomm says Snapdragon 810 chip has been dropped from an upcoming flagship, likely the Galaxy S6

Qualcomm-Snapdragon-8101Rumors regarding overheating issues with Qualcomm’s Snapdragon 810 processor have plagued the chip since it was introduced last year. A report back in December claimed that the issues of the Snapdragon 810 could cause delays to the Galaxy S6, LG G3, and Sony Xperia Z4. In its earnings report today, Qualcomm has seemingly confirmed issues with the processor, adding that it has lowered its outlook for the second half of 2015 because of the problems.

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New render leak via evleaks shows upcoming ‘Hima’ HTC One (M9) flagship in two variants

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A new image, courtesy of none other than Evan Blass (@evleaks) himself, has leaked this morning showing what looks to be two variants of the upcoming “Hima” HTC One (M9) flagship. While they sport a similar physical build, the larger one includes a hardware home button while the smaller of the two does not. Interestingly, this render is a bit different than anything we’ve seen leaked thus far, straying just a bit in design from the current generation hardware…

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Huawei has record-breaking year: 75M phones, over $12B revenue

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Chinese manufacturer Huawei has announced record-breaking results for 2014, with smartphone sales up 45% to 75 million and revenue up 30% to $12.2B. The numbers aren’t too great a surprise, as Reuters came pretty close to calling them in a piece posted on New Year’s Eve.

The dramatic growth in sales could see Huawei threatening the rankings of both LG and Xiaomi in the next round of market share estimates after recently being knocked down into fifth place …

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Google potentially working w/ BLOCKS smartwatch team to build cross platform Project Ara modules

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The BLOCKS smartwatch platform was unveiled a few months ago, and it’s still very much in development. But the company building the modular wrist-worn computer recently had a chance to sit down with the Project Ara team at Google, and it seems that the Mountain View corporation might be interested in working with the team to bring the best of the market’s modular devices together in harmony.

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New leaked photos show purported ‘Hima’ HTC One (M9), moved hardware buttons

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The upcoming HTC flagship is probably one of the most exciting smartphone launches scheduled for the next couple of months, and today Phandroid has shared photos that claim to show the rumored “Hima” device in the flesh. There’s nothing crazy or exciting to see here, but we do now have a bit of corroboration of things we knew previously.

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LG hasn’t had a problem with the Snapdragon 810 overheating in the G Flex 2

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In early December, it was reported that Qualcomm was having some problems with its next-generation Snapdragon 810 chip. The SoC was said to be overheating at certain voltages, and this raised concerns that the next slew of flagships coming in early 2015 might see delays. LG then went on to announce its G Flex 2 smartphone at CES 2015, effectively squashing rumors about the 810 that had spread just about a month earlier.

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Google+ gets minor update for Android, Touch ID comes to Docs, Slides, and Sheets for iOS

Google has—as it very often does on Wednesdays—released a slew of updates across many of its first-party apps. Today’s updates are hitting the official Google+ Android app as well as the Docs suite of Android and iOS apps. Read more