#maker-after

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 …

LG Electronics says higher TV marketing could blunt Q2 earnings

By Se Young Lee SEOUL (Reuters) – South Korea's LG Electronics Inc said on Tuesday increased marketing spending on new products could pull down earnings in its mainstay television business, making it difficult for second-quarter profit to match the first. The world's second-largest TV maker after compatriot Samsung Electronics Co Ltd beat analyst estimates with a 44 …

Originally posted here: LG…