UPDATE 1-LG Elec, Samsung fall on talk of Nokia price cut

Newswire

(Adds analyst comments, updates shares) SEOUL, May 26 (Reuters) - Shares in LG Electronics tumbled more than 8 percent on market talk that top mobile phone maker Nokia may cut its handset prices and re-enter South Korea in the second half of this year. Shares in No.4 handset maker LG were down 7.88 percent to 134,500 won as of 0139 GMT. Shares of bigger home rival Samsung Electronics , the world's No. 2 maker, were down 3.96 percent to 679,000 won, underperforming a 1.7 percent fall in ...

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