LG Electronics has reported revenues of 16.92 trillion won (US$ 14.24 billion) for the third quarter that ended September 30, 2020, which is up 7.77% compared to the same quarter last year. It posted profits of 959 billion won (US$ 807.14 million), up 22.72% YoY, while net profit was up 87.79% YoY to 649.2 billion won. Increase in profits is primarily due to growth in home appliances and home entertainment. Continue reading “LG’s Q3 2020 profits up 87.7% YoY, Mobile losses narrow”