News: LG Electronics Inc (066570.KS)

066570.KS on Korea Stock Exchange

58,800.00KRW
6 May 2015
Change (% chg)

₩-900.00 (-1.51%)
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₩59,700.00
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₩59,700.00
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₩60,000.00
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₩58,400.00
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Wed, Apr 29 2015

BRIEF-LG Electronics says Q2 profit to improve vs Q1

* Expects Q2 revenue to rise by double-digit rate versus Q1 on launch of new products, seasonal demand for air-conditioning products Further company coverage: (Reporting by Se Young Lee; Editing by Biju Dwarakanath)

LG Elec profit misses forecasts as TV business sinks into red

SEOUL - South Korean consumer electronics maker LG Electronics Inc on Wednesday reported a weaker-than-expected first-quarter profit, as the television division sank to its first operating loss since 2010.

UPDATE 1-LG Elec profit misses forecasts as TV business sinks into red

* Operating profit 305 bln won vs 319 bln won analysts' f'cast

LG Elec Q1 profit down 36.2 pct y/y, misses expectations

SEOUL, April 29 - South Korea's LG Electronics Inc said on Wednesday its January-March profit fell 36.2 percent from a year earlier, missing expectations as deteriorating economic conditions in key markets undercut its television business.

UPDATE 5-Apple Watch launches quietly at handful of big-city boutiques

* Apple has directed buyers to online ordering (Rewrites throughout, adds details)

EU court upholds LCD panel cartel fine for LG Display

BRUSSELS - The European Court of Justice upheld on Thursday a 210 million euro ($224.8 million) fine imposed on South Korea's LG Display for participating in a cartel of LCD panel makers between 2001 and 2006.

LG Display books four-year-high profit, downplays supply glut fear

SEOUL - South Korea's LG Display Co Ltd downplayed risks of a supply glut in the global panel market after reporting its best quarterly profit in more than four years, seeking to assuage fear about a sharp profit decline later this year.

Olympics-LG delivers timely boost for South Korean skeleton

SEOUL, April 2 - South Korean appliances maker LG Electronics has signed a three-year deal to sponsor the country's skeleton team ahead of the 2018 Winter Olympics in Pyeongchang.

Samsung Electronics, LG Electronics call off washer spat

SEOUL - South Korean rivals Samsung Electronics Co Ltd and LG Electronics Inc said on Tuesday they have agreed to call off all their legal disputes including a bitter months-long conflict over a set of damaged washing machines.

Samsung Electronics, LG Electronics agree to end legal disputes

SEOUL, March 31 - South Korean rivals Samsung Electronics Co Ltd and LG Electronics Inc said on Tuesday they have agreed to end ongoing legal disputes and work out future disagreements through dialogue.

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