S. Korea's LG to raise $884 mln in rights issue

LG Electronics, the world's third-largest handset maker, said Thursday it would raise about one trillion won ($884 million) through a rights offer to strengthen its troubled smartphone business.

S. Korean antitrust agency fines LCD makers $175m

Seoul's antitrust agency said on Sunday it had fined 10 of the world's leading flat panel makers in South Korea and Taiwan a total of 194 billion won ($175 million) for price fixing.

LG ties up with Philips, Sharp for smart TV apps

South Korea's LG Electronics said Thursday it has tied up with Dutch giant Philips and Japan's Sharp to ramp up production of applications for Internet-powered televisions.

Motorola buy a blow to Google's Android partners

Google's Android partners welcomed the Internet giant's $12.5 billion purchase of Motorola Mobility on Monday but the move may force the handset makers to rethink their strategies, analysts said.

LG Electronics 2Q net profit plunges, sales fall

(AP) -- LG Electronics, a top global manufacturer of mobile phones and flat-screen TVs, said second-quarter net profit plunged as sales declined and its mobile phone business remained in the red.

Trade forum weighs Kodak patent dispute with Apple

(AP) -- Embattled photography pioneer Eastman Kodak Co. is nearing the end of a high-stakes patent-infringement fight with smartphone giants Apple Inc. and Research in Motion Ltd.

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