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LG Electronics tops giant Samsung in white goods

South Korean maker targets high-end consumers to offset dismal smartphone sales

SEOUL -- LG Electronics is small fry compared to compatriot Samsung Electronics in market caps, but it stands head and shoulders over the domestic giant in white goods, thanks to its success at home and in the U.S.

The South Korean company posted a record operating profit in its home appliance business in the three months through March.

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