Menu
Jessica Biel and Justin Timberlake Squeezed Magazine to Apologize

Jessica Biel and Justin Timberlake Squeezed Magazine to Apologize

Black Friday 2014 Ads Update

Black Friday 2014 Ads Update

Taylor Swift shows her Love for Cats

Taylor Swift shows her Love for Cats

Black Friday 2014 iPad Deals will be Amazing

Black Friday 2014 iPad Deals will be Amazing

Renee Zellweger Responses to Changed Look Discussion

Renee Zellweger Responses to Changed Look Discussion

LG Electronics back in Black

Apr 25 2012, 1:52am CDT | by , in News | Technology News

LG Electronics back in Black
 
 

LG Electronics Inc.today announced that after two consecutive quarters of net losses, the company has turned the corner with a net profit of KRW 243 billion (USD 214.9 million).

LG has finally turned a profit again last quarter. LG reached a profit of close to $220 million in Q1 2012.

The LG Mobile Communications company profit has more than tripled quarter-over-quarter. The LG Home Entertainment products showed weaker sales compared to a year ago. A 6% decline is mostly attributed to the weak European economy. Operating profit still doubled through strong sales in Korea.

Via LG.


Comments

blog comments powered by Disqus