LG triples profits from large HDTV sales, beats out competition

LG is finding success in large screen HDTVs and  claims it now sells more big-screen displays than any other manufacturer with a 27 percent share of the market worldwide. Not only is LG offering a range of sizes, it is spearheading new technologies in the areas of OLED, curved screens and innovative webOS powered smartTV technologies. LG earned 14 trillion won ($13 billion) in total sales, with an operating profit of 504 billion won ($471 million) - that's three times what it managed last year. LG also leads the pack in terms of displays used in devices like smartphones as well as specialized components such as the Retina Display on some MacBook Pros.