LG.Philips returned to profit in quarter

Article Abstract:

Second-quarter net profit for South Korean liquid crystal display firm LG.Philips LCD reached $247.6 mil, with sales rising by 45%. The company expects shipments of panels to increase between 13% and 19% over the third quarter, and anticipates a single-digit percentage increase in selling prices.

South Korea, Forecasts, trends, outlooks, Computer and Office Equipment, Computer peripherals industry, Company business forecast/projection, Company forecasts, LG Philips LCD Company Ltd.

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LG Electronics' net soars on investment gain

Article Abstract:

Third-quarter net profit for South Korea's LG Electronics Inc. rose nearly 15-fold to reach $369.8 mil, due primarily to gains from the firm's investment in LG.Philips LCD Co. and from strong handset sales. However, total sales dropped by 6%, while operating profit declined 53%.

Household audio and video equipment, Consumer electronics industry, LG Electronics Inc.

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