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LG Electronics in red in 4Q on plasma TV business closure

January 29, 2015

SEOUL, South Korea— LG Electronics Inc. lost money in the fourth quarter due to the closure of its plasma TV operations but its operating income rose thanks to a mobile business recovery. The Korean company Thursday reported a net loss of 205.7 billion won for the October-December quarter. Operating income rose 28 percent to 275 billion won on revenue of 15.3...

Source: http://www.cnbc.com/id/102378448
 
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