Friday, July 29, 2016

LG’s Mobile Division Lost $132 Million in Q2

LG has just published their financial report for the second quarter of this year. The company’s mobile division lost $132 million due to weak sales of the LG G5, which is actually better than how they did in Q1 of this year with a lost of $170 million. However, LG was able to bring in $503 million in overall profit thanks to its home appliance and TV divisions.

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