It is due to release its full quarterly earnings later this month.Its shares recently traded 4.2% lower.Write to Kwanwoo Jun at [email protected]

LG Electronics on Tuesday estimated its third-quarter operating profit at 751.1 billion won ($556.9 million), down 20.9 percent from a year earlier.

South Korean tech giant LG Electronics has announced preliminary results for the third quarter, reporting consolidated revenue of 22.17 trillion Korean won ($16.5 billion) and an operating profit of 751.