LG reports handset gains, smaller loss than predicted

07/26/2011 | Bloomberg · Wall Street Journal, The · TWICE

Results at LG Electronics' mobile handset division, a high-margin area, helped the company offset weaknesses in its flat-screen TV business in the second quarter as the company sold 24.8 million phones, up 2% from the previous period. These results led LG to report a smaller loss in its wireless division than analysts had expected.

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Bloomberg · Wall Street Journal, The · TWICE

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