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Sony, LG warn on profits as consumer demand crumbles
Posted: 22-Jan-2009 [Source: Reuters]

[Consumer electronics giant Sony posts largest operating loss in 14 years while LG posts record net loss, the first in seven quarters.]

By Sachi Isumi and Rhee So-eui, Toky and Seoul (Reuters) -- "Sony Corp and LG Electronics Inc stunned investors on Thursday, warning of big losses, underlining the deep pain in the consumer electronics market as demand crumbles in a brutal global downturn."

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