#local-rival

LG Electronics beats second-quarter estimates as mobile division turns profit

LG Electronics Inc reported on Thursday its strongest quarterly profit in more than three years, beating analyst estimates thanks to a pickup in television sales and a turnaround in its mobile phone business. The world's second-largest TV maker after local rival Samsung Electronics Co Ltd said profit at its TV arm improved in April-June from a year earlier, while its smartphone shipments rose 20 …

LG Electronics beats Q2 estimates as mobile division turns profit

LG Electronics Inc reported on Thursday its strongest quarterly profit in more than three years, beating analyst estimates thanks to a pickup in television sales and a turnaround in its mobile phone business. The world's second-largest TV maker after local rival Samsung Electronics Co Ltd said profit at its TV arm improved in April-June from a year earlier, while its smartphone shipments rose 20 …