Thursday 31 October 2019

LG's smartphones bled 'significantly' less money in Q3 than Q2 2019

Samsung and Apple are not the only tech giants that made a boatload of money between July and September 2019, but while the former described and the latter , LG managed to post despite another weak performance by its long-struggling mobile division.

Overall, the Korea-based electronics company generated $13.15 billion in consolidated sales, as well as an operating profit of roughly $655 million, both numbers being higher than those reported this time last year. But unlike the home appliance, home entertainment, and business solutions divisions, the LG Mobile Communications ...

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