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Examples
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Despite its second-straight quarterly net loss, analysts expect LG's earnings to continue improving as the company, under Chief Executive Koo Bon-joon , aims to turn around its unprofitable handset business with offerings of high-margin smartphones and its underperforming TV division with three-dimensional display TVs.
LG Electronics Swings to Loss Jung-Ah Lee 2011
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The result was LG's first operating loss since it began issuing consolidated earnings results in 2007, according to the company.
LG Profit Plunges As Phone Losses Widen By KELLY OLSEN 2010
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Last week, LG's flat-panel unit LG Display Co. said its second-quarter net profit fell 96% to 21.3 billion won from 554.8 billion won a year earlier, largely because of sluggish sales of flat-screen TVs, especially in key U.S. and European markets.
LG Electronics Net Plunges 87% Jung-Ah Lee 2011
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Analysts also said LG's recent release of 3D TVs using its new display technology, called film-patterned retarder, or FPR, and a seasonally higher demand for air-conditioners, will help boost the company's overall earnings in the current quarter.
LG Electronics Swings to Loss Jung-Ah Lee 2011
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South Korean electronics company LG's futuristic home appliances, unveiled in January, include "smart ovens" and a vacuum cleaner that can also dispense pet food.
Security 2011
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LG's blast chiller in a fridge, ultra-thin gorilla glass and Samsung's Dual-3D TV were three of the top finds at CES.
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LG's Kompressor Total Care LuV400T bagless upright, $550, is an example of newer being better.
In our ratings of vacuum cleaners, everything old is new again 2011
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David Jung , LG's chief financial officer, said last week that new smartphones may help the company post a profit in the current quarter.
Handset Makers Double Down on Android Yun-Hee Kim 2011
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LG's home entertainment division, which makes flat-panel TVs and plasma display panels and accounts for nearly 40% of the company's total revenue, posted a 46% decline in operating profit in the third quarter even though sales rose 9%.
Sharp, LG Warn of TV Glut Daisuke Wakabayashi 2010
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LG's TV and handset businesses account for about 40% and 25%, respectively, of the company's total revenue.
LG Electronics Swings to Loss Jung-Ah Lee 2011
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