Try as it may, 2010 is a year that LG Electronics will not soon forget. The struggling electronics giant on Wednesday reported its fourth quarter earnings and put the cap on its worst year on record. The company posted a fourth-quarter net loss of 256.4 trillion won compared to profits of 361.9 billion won in the fourth quarter of 2009. Operating profit for the full year was down 93% to 176.4 billion won. Revenue from cell phones dropped 15% as LG’s mobile division posted a 274.1 billion won loss. Shipm...

File this little guy under gadgets we need ASAP. VUDU has been tearing it up lately as the company wisely broadens its horizons beyond dedicated set top boxes. The HD on-demand content provider recently announced partnerships that bring its service to various LG and Mitsubishi flat-panel televisions, and now VUDU is taking things to a new range of products: LG Blu-ray players. It certainly makes sense — if you’re going to add an on-demand HD streaming service to a line of home theater components, ...

Well it looks like LG Electronics came through in a big way this past quarter as the company reports a very, very solid performance. Maybe its bid to take over the world isn’t so crazy after all. Let’s start with a couple of records — sales rang up at $11.229 billion, a remarkable 13.8 percent jump YoY, and operating profit came in at $878 million. The company also reported a 7.8 percent margin, up 1.1 percent YoY, while margin for its mobile business exploded to 11 percent from 6.7 percent ...