Fitch said that LGE holds competitive positions in the global flat panel TV and home appliance markets. However, handset profitability is unlikely to improve in 2014 as competition intensifies. Click here for more.
LG Electronics Inc aims to broaden its range of smartphones so sales this year grow at double the rate of the market, as the South Korean company seeks to retake the position of world's third-biggest maker.
January 27, 2014 4:22 PM
SEOUL (AFP) - South Korea's LG Electronics said Monday its fourth-quarter net loss narrowed significantly from a year earlier thanks to improved sales of premium smartphones and TVs.
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