Wednesday, July 18, 2007

UPDATE 1-LG Elec swings to Q2 profit on LCD venture, phones

(Reuters) - LG, the world's No. 5 handset maker, is likely to enjoy a
stronger second half as a recovery at its liquid crystal display
joint venture, LG.Philips LCD Co. Ltd. , is set
to continue.




But analysts warned margins in mobile phones could fall on
growing low-cost phone sales, and said a recovery from its
loss-making plasma screen business would be limited.


Read more at Reuters.com Market News

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