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LG profit sinks as smartphone business suffers loss

October 29, 2015

SEOUL, South Korea— LG Electronics says its mobile communications division posted its first operating loss in more than a year, dragging down the company's overall earnings for the third quarter. The Korean company said Thursday the mobile business lost 77.6 billion won for the July-September quarter. Its overall net income sank 48 percent over a year earlier...

Source: http://www.cnbc.com/2015/10/29/the-associated-press-lg-profit-sinks-as-smartphone-business-suffers-loss.html
 
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