LG Electronics Reports 3.7 Pct Decline in Q3 Profit on Smartphone Losses
SEOUL, Oct. 27 (Korea Bizwire) – LG Electronics Inc. said Thursday its third-quarter operating profit fell 3.7 percent from a year earlier, hit by sluggish sales in its money-losing smartphone business. LG said in a regulatory filing that the operating profit for the July-September quarter stood at 283.2 billion won (US$250.9 million), compared with a [...]