Thursday, 26 July 2018

LG Mobile continues losing streak with big Q2 deficit and dipping sales

The year’s second quarter was not a rosy period for future iPhone supplier LG Display, and although LG Electronics broke multiple financial records between April and June 2018, LG Mobile had another three lousy months as well.

In case you’re having trouble following, let us highlight LG Display and LG Electronics are separate LG Corporation daughter companies, while LG Mobile is just a small part of an overall profitable LG Electronics puzzle.

We’re talking about one of five major divisions, alongside Home Appliance, Home Entertainment, Vehicle Components, and Business-to-Business ...

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