LG Electronics' fourth quarter profit plunges as rivals crowd TV business | Reuters


News like this make Apple’s latest results look good:

"Widening losses in the company’s struggling mobile business also dragged down profit, analysts said.

“LG Electronics’ mobile business has not been generating profits at all. On top of that, high marketing expenses for its slow-selling handset models hurt the overall profit,” said Eo Kyu-jin, an analyst at eBest Investment and Securities."


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