LG.Phillips LCD venture makes record losses

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News Supplying Robot
Listen closely and you can hear the sound of Korean LCD TV makers weeping. Troubled panel purveyor LG.Philips has announced an operating loss of 208 billion Won in the first quarter, a rise from 177 billion in Q4 2006. Revenues are down 11 per cent, giving a net loss of 169 billion Won. The joint [...]
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