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LG Electronics beats Q2 estimates as mobile division turns profit

LG Electronics Inc reported on Thursday its strongest quarterly profit in more than three years, beating analyst estimates thanks to a pickup in television sales and a turnaround in its mobile phone business. The world's second-largest TV maker after local rival Samsung Electronics Co Ltd said profit at its TV arm improved in April-June from a year earlier, while its smartphone shipments rose 20 …

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LG Electronics says higher TV marketing could blunt Q2 earnings

By Se Young Lee SEOUL (Reuters) – South Korea's LG Electronics Inc said on Tuesday increased marketing spending on new products could pull down earnings in its mainstay television business, making it difficult for second-quarter profit to match the first. The world's second-largest TV maker after compatriot Samsung Electronics Co Ltd beat analyst estimates with a 44 …

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