News: LG Electronics Inc (066575.KS)
29 Jul 2014
Fri, Jul 25 2014
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SEOUL - LG Electronics Inc signalled further improvement in its mobile business after record smartphone sales propelled the South Korean manufacturer to its highest quarterly profit in more than three years.
* Mobile division turns profit for first time since Q2 2013
SEOUL, July 24 - LG Electronics Inc expects operating profit for the July-September quarter to grow from the same period a year earlier, as returns from the mobile business are likely to improve, the company's chief financial officer said on Thursday.
SEOUL, July 24 - South Korea's LG Electronics Inc said on Thursday that it will invest 1.3 trillion won ($1.26 billion) to build a new research and development facility in the country's capital city of Seoul.
SEOUL, July 24 - South Korea's LG Electronics Inc said on Thursday its second-quarter profit rose 26.5 percent from a year earlier, beating analyst estimates, as the company's mobile business ran a profit for the first time in four quarters.
* Says its planned acquisition target Ningbo DXC New Material Tech recently signed strategic agreement with S.Korea's LG Electronics
WASHINGTON - (This July 7 story was corrected to fix price to $229 in the third paragraph)
WASHINGTON - AT&T Inc said on Monday it will be the first U.S. wireless carrier to sell LG Electronics' smartwatch, a wrist watch that connects to Android phones and answers voice commands, and goes on sale on July 11.
WASHINGTON, July 7 - AT&T Inc said on Monday it will be the first U.S. wireless carrier to sell LG Electronics' smartwatch, a wrist watch that connects to Android phones and answers voice commands, and goes on sale on July 11.
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