SEOUL (Reuters) - LG Electronics Inc, the world's No.2 TV maker, reported a 9 percent fall in quarterly profit on Wednesday, beating forecasts as weak TV sales and tight margins offset a solid recovery in its smartphone business. April-June operating profit fell to 479 billion won ($428.8 million), above a consensus forecast of 457 billion won by Thomson Reuters I/B/E/S. The profit compares with 526.7 billion won a year ago and 349.5 billion won in the previous quarter. ...
via Tech News Headlines - Yahoo! News http://news.yahoo.com/lg-elec-second-quarter-profit-dips-weak-tv-050914612.html
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