Thursday, July 19, 2007

LG Elec swings to biggest profit in 3 years

(Reuters) - LG, the world's No. 5 handset maker, is likely to enjoy an extended recovery at its liquid crystal display joint venture, LG.Philips LCD Co. Ltd. .




But analysts warned the margins in mobile phones could fall on growing low-cost phone sales and a recovery from its loss-making plasma display panel business would be difficult.


Read more at Reuters.com Business News

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