LG has reported its third quarter earnings, and for the three month period that covers July through September, the mobile division took a loss of $331.17 million. With red ink staring it in the face, the manufacturer focused on the 8% gain year-over-year in mobile revenue, and the 4% revenue gain from this year's second quarter. The loss was actually 13% smaller than last year's red ink. In South Korea, third quarter smartphone shipments were up 44% from the 2016 total. In the states, shipments of intelligent handsets rose 9% year-over-year.
Make no mistake about it though; times are tough ...
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