LG Electronics has revealed its financial results for 2017. The Korean manufacturer has recorded full-year revenues of $55.4 billion, the highest in the company's history and an increase of 10.9% compared to 2016. Operating profits stood at $2.23 billion. This makes 2017 LG's second most profitable year, with 2009 still sitting at the top spot.
These results are undoubtedly great news for LG as a whole, but the success is mainly driven by strong sales of premium OLED TVs and home appliances. The company's smartphone manufacturing branch is still in the red, ...
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