SEOUL: South Korea's LG Electronics Inc said on Wednesday its January-March profit fell 36.2 percent from a year earlier, missing expectations as deteriorating economic conditions in key markets undercut its television business.

LG reported a first-quarter operating profit of 305 billion won ($285.47 million), compared with a 319 billion won mean estimate from a Thomson Reuters I/B/E/S survey of 35 analysts.

The outlook for the world's second-largest TV maker after Samsung Electronics Co Ltd has darkened due to Western Europe's prolonged economic downturn and currency depreciation in key emerging markets like Brazil and Russia.

Copyright Reuters, 2015