Cell phone sales prospects brighten for HTC, LG

01/26/2010 | Bloomberg · Wall Street Journal, The

After two quarters of declining sales, HTC today issued an upbeat forecast for the quarter, saying it expects revenue growth to resume in the wake of its release of new smartphones. Analysts also expect LG Electronics to perform well; they believe the cell phone maker will gain ground on its rivals in the coming quarters as it launches more smartphone products.

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Bloomberg · Wall Street Journal, The

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