SEOUL, South Korea-LG Electronics Co. Ltd. reported 16.2 million mobile phone sales in the fourth quarter, along with an 8.1 percent operating margin in its handset business.
Companywide, LG reported total sales dropped 5.2 percent year-on-year, but up 2.7 percent quarter-on-quarter due to growth in the company’s handset and display businesses.
LG said it expects its handset market share to rebound this year.
