Wednesday, October 26, 2016
Video: Page (1) of 1 - 01/27/14 Email this story to a friend. email article Print this page (Article printing at page facebook
Video: LG Swings To Q4 Loss, But Phone Sales Thrive

By Clip Syndicate
The Korean conglomerate LG posted a loss of $59.1 million, reversing a year-ago profit of $205.8 million. LG blamed an unfavorable shift in the foreign currency exchange rate for the year-over-year downturn. Revenue actually inched up 0.8 percent to $13.8 billion. One of the main reasons for its slight revenue increase is LG's 28 percent jump in sales in its mobile communications business.

Page: 1


Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines