LG’s operating profit for 2014 leapt to KRW 1.83 trillion (USD 1.73 billion), an increase of 46 percent, led by strong growth in smartphone shipments.
Samsung announced its earnings for Q4 2014, and it’s a mixed bag: while the IT & mobile unit tumbled compared to a year before, the solid component business helped Samsung increase its overall profit compared to the previous quarter.
Huawei has announced a 30% growth in revenues last year, led by demand for its mid- to high-end smartphones. Handset shipments reached 75 million.
Early financial forecasts suggest that Samsung could be in for another year of smaller profits, although the situation may not be as bad as in 2014.
Despite an increase over the Q3 earnings, the estimates for Q4 2014 are significantly lower than the performance Samsung enjoyed during 2013.
In Q4 2014, HTC increased its sales compared to the previous quarter, for the first time in three years.
Xiaom’s chairman Jun Lei has written that the company has managed to double its sales to $12.2 billion. It did this by selling some 61 million handsets,
A regulatory document filed with the Shenzhen Stock Exchange shows that Xiaomi only made $56 million profit last year, a fraction of the amount reported last month.
Q3 income from Nvidia’s mobile Tegra processor line-up has increased 51 percent compared with last year, helping the company reach record revenues.
Lenovo has posted strong Q2 results. Together with Motorola it is now the world’s third largest smartphone maker. It is now also first in PC+Tablet sales.