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LG Electronics Reports Unexpected Loss

2015-01-29 10:55:25| Electronics - Topix.net

LG Electronics Inc. reported Thursday an unexpected net loss for the fourth quarter after shutting down a business unit that made TVs using an old technology. The net loss for the quarter ended Dec. 31 widened to 205.7 billion Korean won from 63.5 billion won a year ago, the South Korean electronics maker said in statement.

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