Wednesday, 27 April 2011
South Korea?s LG Electronics swings to Q1 net loss
South Korea’s LG Electronics Inc, the world’s No.3 handset maker, posted an unexpected net loss for the first quarter of 2011, said that it expected its handset business to return to profit in the second half. Net loss was 14.6 million dollars year-on-year for the January-March period. LG’s phone division is expected to swing to [...]
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