Q1 2016 likely to be LG's best quarter in two years

LG has released the official earnings guidance for the January-March quarter, and the numbers reveal that Q1 2016 could well be the best quarter for the South Korean company in the last couple of years.As per the guidance, the company's operating profit for the quarter jumped 66% to 505 billion KRW ($441 million). This is the company's best since Q2 2014 and is well above the 408 billion figure