ZDNet Asia staff

Mobile entertainment revenue to skyrocket

Global mobile entertainment revenue will grow about 80 percent from $36 billion in 2011 to $65 billion by 2016, Juniper Research predicted yesterday. The research firm said the app-store centric ecosystem has “dramatically” increased consumer adoption of casual games and a flourishing of content for mobile devices. Hand in hand, tablet use is increasingly contributing …

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LG chief resigns as mobile sales dwindle

The chief executive of South Korean consumer electronics giant LG Electronics resigned today amid declining mobile phone sales, according to news reports. Nam Yong will be replaced on October 1 by Koo Bon-joon, 59, who is the head of trading firm LG International, Reuters reported. The incoming CEO is a founding family member of the company and younger brother of …

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