LG's TV business return to profitability from Europe demand recovery, streaming


by ZDNet

ZDNet— LG Electronics' TV business has returned to profitability in the first quarter from the recovery of demand in Europe and the rising popularity of streaming services.For the entire quarter running from January to March, the South Korean electronic maker recorded 21 trillion won in revenue and 1.33 trillion won in operating profit.The revenue figure is the highest to date for the first quarter while operating profit dropped slightly from a year earlier it comes amid a global economic slowdown, LG...

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