Posted inNortheast Asia, South Korea

Q3 proves profitable for Samsung and LG Electronics

South Korean flagships Samsung Electronics and LG Electronics announced surging Q3 year-on-year profits today. Samsung’s results are believed to have been boosted by its semiconductor business, while LG’s are understood to have been underwritten by home appliances and TVs. Samsung announced in a regulatory filing a record quarterly operating profit, a 20% year-on-year increase for […]