LG reported for the second quarter of 2012

The South Korean company LG Electronics announced its financial results for the last second quarter of this year, where she graduated with a 46 percent increase in net profit compared to the same period last year.

Positive financial results achieved by the growth rates in the home entertainment division, through which could compensate for the decline in profits of mobile units.

Mobile units the second quarter 2012 ended with an operating loss of $ 57 billion Korean Won ($ 49.48 million), mainly related, as is listed in the report, with large marketing costs to launch new models. General revenue division fell by 28.5% over the same period last year to 2.32 trillion South Korean Won (2.01 $ bln) due to the reduction in sales of conventional mobile phones. However, as stated by LG, sales of smartphones during the same period increased by 44%.