LG Electronics profit misses forecasts as TV business sinks into red

South Korean consumer electronics maker LG Electronics Inc on Wednesday reported a weaker-than-expected first-quarter profit, as the television division sank to its first operating loss since 2010. The world's No. 2 TV maker behind Samsung Electronics Co Ltd blamed weaker currencies in emerging markets for the TV division's operating loss, although it said conditions should improve in the second quarter. LG's January-March operating profit fell 36.2 percent to 305 billion won (186