The Korean LG Electronics announced the issuance of shares for 945 million dollars, to recover the funds necessary to give new vitality to its division that follows the business of mobile telephony in recent quarters and that has got unflattering results. The decision of LG Electronics has raised considerable concern among industry experts and shareholders: the first you wonder about the percentage of investors interested in supporting the company at this critical juncture, the latter fear to see further down the value of their shares.

‘LG has taken on the obvious risks, betting their business on the smartphone in a time when the operating environment is not the best. It hard to say who might be interested in this, but my opinion is that the percentage will be low’ said Oh Dong-ge, managers of investment funds at Daishin Asset Management.

Related items

• Android 4.0 is Confirmed On LG Optimus And LG 3D Optimus Dual
• LG P920 Optimus 3D New Details About Android 2.3
• LG Optimus U1 Coming a Smartphone with Android 4.0
• The new Windows Phone From LG Electronics
• LG Unveils Android 4.0 Upgrades

Popularity: 1% [?]