LG increases Q3 profit by 82% with zero help from smartphone division

LG Electronics increased its operating profit in the third quarter by 82 percent when compared with the same period a year ago, despite its mobile division posting a loss.

According to the preliminary earnings, the company generated an operating profit of 516.1 billion won (around $454 million), while the revenue grew by 15.2 percent and reached 15.23 trillion won (around $13.4 billion).

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