Vendor results - 21/10/07
LG (S. Korea) reports 3Q07 sales of $10.7bn, up 12%, and an operating profit of $390m. Mobile Phones division accounted for $2.8bn in sales (+4%) and shipped almost 22m units in the quarter.
UTStarcom reports a 2Q07 loss of $62m (down 376%), on revenues of $538m, down 2.5%.
Avaya posted FY4Q revenues of $1.4bn, up 5%, and operating income of $35m. FY revenues were $5.3bn, up 2.5%, while operating income was $ 276m, up 5%.
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