VIEW EVENT INFORMATION: LG Corporation
LG’s Q2 2012 Earnings: $138M In Net Profits, Up 46% YOY, Phone Sales Still Lagging
JUL
25
Status: Available Now!
Type: News
Date: Wednesday 25 July 2012, 08:41 AM
Media: Techcrunch

SOURCE
About the organization LG Corporation:
Type: Business
Sub-Types: Electronics, Electronics Hardware, Electronics Software, Telecommunication, Telecommunication Hardware, Telecommunication Software
Notable Organizations: LG Corporation, Techcrunch
LG has been turning a corner of late, getting its mobile division out of a six-quarter-long rut. Today’s Q2 report outlines a 46 percent increase in net profits year-over-year at $138 million, though phone sales continue to be an obstacle. Overall revenues went up from last quarter, but are still down from a year ago. The handset division in particular had an operating loss of $49.5…
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