Tag Archives: Increase

LG Q3 report: profits increase as smartphones lose less money

LG kept its tradition to introduce its financial results on the last Thursday of the month, following the end of a quarter, and the numbers look good. The Korean company made a profit KRW748.8 billion ($668 million), which is the best quarter in 2018. The black sheep in the family is the Mobile Communications division which keeps bleeding… Read More »

Huawei Plans to Raise Prices of Phones Available Online Over Customs Duty Increase

Days after the government announced a 10 percent basic customs duty (BCD) on smartphone manufacturers as the Goods and Services Tax (GST) came into practice, Chinese smartphone manufacturer Huawei has said it will marginally hike prices of its smartphones available online. Speaking to IANS on the sidelines of the launch of Honor 8 Pro smartphone, Allen Wang, Director, Product Center, Huawei India Consumer Business… Read More »