LG profit sinks as smartphone business suffers loss
LG Electronics said Thursday its mobile communications division suffered its first operating loss in more than a year, dragging down the company's overall earnings for the third quarter.
LG Electronics said Thursday its mobile communications division suffered its first operating loss in more than a year, dragging down the company's overall earnings for the third quarter.
Business
Oct 29, 2015
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Japan's Toshiba on Wednesday reported $54 million in net profit for the April-June quarter, reversing a quarterly loss a year earlier, thanks to a weak yen and brisk sales of electronic devices.
Business
Jul 31, 2013
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LG Electronics Inc. reported its first quarterly loss in a year Wednesday after Europe slapped it with a massive fine for price fixing.
Business
Jan 30, 2013
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Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.
Business
Jul 19, 2012
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Japanese IT firm NEC said Friday it lost $1.36 billion in the year to March as asset write-downs and tax payments hit its bottom line, even as operating profit rose.
Business
Apr 27, 2012
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Japan's Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand, and acquisition costs.
Business
Feb 3, 2012
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Cybercrime claimed 431 million adult victims last year and cost $114 billion, according to a report published Wednesday.
Internet
Sep 7, 2011
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(AP) -- LG Electronics reported its first quarterly loss in nearly two years as prices for flat screen televisions fell and devices like the iPhone provided stiff competition for its mobile phone business.
Business
Jan 26, 2011
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South Korea's Samsung Electronics, the world's top computer memory chipmaker, has announced its first-quarter net profit fell 72 percent year-on-year as poor demand depressed prices.
Business
Apr 24, 2009
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Struggling low-cost carrier Norwegian Air Shuttle said Tuesday it planned to sell new shares to raise three billion kroner (309 million euros) to meet financial obligations as it restructures and cuts costs.
Business
Jan 29, 2019
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