moody\s downgrades lg electronics\ outlook to negative
Last Updated : GMT 09:07:40
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Last Updated : GMT 09:07:40
Egypt Today, egypt today

Moody's downgrades LG Electronics' outlook to negative

Egypt Today, egypt today

Egypt Today, egypt today Moody's downgrades LG Electronics' outlook to negative

Seoul - Yonhap
Moody's Investors Service said Thursday that it has cut its outlook on LG Electronics Inc. to negative from stable, citing its loss-making mobile business and global economic slowdown. The move deals another blow to LG Electronics, the world's third-largest maker of mobile phones, which is trying to stay relevant in the smartphone race. Its mobile division posted a fifth-consecutive loss in the second quarter.
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moody\s downgrades lg electronics\ outlook to negative moody\s downgrades lg electronics\ outlook to negative



 
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