Thursday, July 19, 2007

LG Elec swings to biggest profit in 3 years

(Reuters) - SEOUL, July 19 - South Korea's LG Electronics Inc. swung to a profit in the second quarter as a turnaround in its LCD venture and strong mobile phone sales outweighed heavy losses in its plasma display business.



LG, the world's No. 5 handset maker, is likely to enjoy a stronger second half as a recovery at its liquid crystal display


Read more at Reuters.com Market News

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