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LCD helps LG.Philips profits soar

LG.Philips LCD logo

We're fairly certain that the LG 102-inch PDP has nothing to do with soaring LG.Philips profits; after all, who's got six-figures to drop on a wall of 1080p perfection? No, LG.Philips must be selling the smaller LCD sets, and plenty of 'em if the financials are in order. LG.Philips exceeded analyst expectations with a net profit of 328 billion won ($333.2 million) for the last quarter of '05, which compares to 35.4 billion won a year earlier. Hm, almost a ten-fold increase; that's bigger than the screen size increase from 42- to 103-inches. Could the ambilight technology be shedding some light on the profits?