Wireless News
04-24-2013, 01:40 AM
http://l2.yimg.com/bt/api/res/1.2/XpiAgFIwKevH5s3TAWLZwg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-04-24T052803Z_2_CBRE93N0EMH00_RTROPTP_2_CTIA.JPG (http://news.yahoo.com/lg-electronics-first-quarter-profit-drops-tv-pain-051548389--finance.html)By Miyoung Kim SEOUL (Reuters) - LG Electronics Inc , the world's No.2 TV maker, said quarterly profit fell 13 percent as sharp price cuts resulted in razor-thin margins for its TV division, overshadowing a strong recovery in smartphones. Since late last year, LG and bigger rival Samsung Electronics Co have had to contend with unfavorable currency rates that benefit Japanese rivals, while global demand for TVs is expected to plateau this year as many consumers in developed countries already own a flat-screen TV. Smartphones sales jumped to a record 10. ...
More... (http://news.yahoo.com/lg-electronics-first-quarter-profit-drops-tv-pain-051548389--finance.html)
More... (http://news.yahoo.com/lg-electronics-first-quarter-profit-drops-tv-pain-051548389--finance.html)