LG Electronics Inc (LGEAF.PK)
Wed, Aug 9 2017
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SEOUL LG Electronics Inc on Thursday said continued losses in its mobile unit limited growth in second-quarter profit to 13.6 percent, as the firm prepares to release a handset in the third quarter that it hopes will turn the tide.
* Analysts divided on impact of Q3 smartphone launch (Adds company comments, H2 outlook, analyst quotes, profit breakdown by business, context)
SEOUL, July 27 South Korea's LG Electronics Inc said on Thursday second-quarter operating profit rose 13.6 percent from a year earlier, as continued losses in the mobile division offset profits in its television set and appliances businesses.
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* Parkervision moves infringement case against LG Electronics to New Jersey district court
SEOUL South Korea's LG Electronics Inc estimated that its second-quarter operating profit rose 14 percent from a year ago, but fell short of expectations as the mobile division's struggles likely continued.
* But operating profit of 664 bln won misses analysts' estimates
SEOUL, July 7 South Korea's LG Electronics Inc said on Friday its second-quarter operating profit likely rose 14 percent from a year earlier, but fell short of market expectations.
BRIEF-Parkervision says middle district of Florida granted co's request to reopen patent infringement case against Apple, LG and Qualcomm
* Parkervision -middle district of Florida granted co's request to lift stay and reopen its patent infringement case against Apple, LG and Qualcomm