SEOUL (Reuters) - South Korea technology firm LG Electronics Inc said on Wednesday its April-June operating profit slid 60 percent from a year earlier, well below estimates, hit by weak sales of televisions and smartphones.
LG reported a second-quarter operating profit of 244 billion won ($210.74 million), compared with a 395 billion won mean estimate from a Thomson Reuters I/B/E/S survey of 33 analysts. The Thomson Reuters StarMine SmartEstimate, which gives greater weighting to more accurate analysts, had tipped a 349 billion won profit.
($1 = 1,157.8300 won)
(Reporting by Se Young Lee; Editing by Kenneth Maxwell)
