LG Electronics has reported revenues of 15.27 trillion won (US$ 14.06 billion) in Q4 2014 that ended December 31st, 2014, an increase of 4.9% compared to the same quarter last year with operating profit of 275.1 billion (US$ 253.31 million), an increase of 28 percent from the same period the previous year. Net profit for the fourth quarter showed a net loss of 205.7 billion won (US$ 189.41 million) primarily due to the write-off resulting from the closure of LG’s plasma TV operations, said the company. Continue reading “LG Q4 2014 profits up 28% YoY, 15.6 million smartphones shipped”