LG Electronics' profit plunges on slow TV sales




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Summary: SEOUL, South Korea (AP) , LG Electronics Inc. said Wednesday its first quarter earnings shrank to one tenth of the year-earlier quarter as its TV business languished, masking a recovery in mobile phone sales. The company's January-March net profit fell to 22.1 billion won ($19.7 million) from 247.5 billion won a year earlier.