Flat-screen TVs, handsets help LG become profitable again

04/25/2012 | Wall Street Journal, The · Washington Times, The

LG Electronics reported a net profit of $212.9 million for the first quarter, better than analysts were expecting, although sales were down 7.1% from a year earlier. Profits were buoyed by LG's flat-screen television and smartphone businesses, and the company expects to see strong sales of air conditioners in the current quarter.

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Wall Street Journal, The · Washington Times, The

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