LG’s smartphone division has been in a constant downward spiral for years with falling sales and big losses. Over the past twelve months, though, it has slowly managed to reduce expenses and now the company has revealed when it expects the business to become profitable.
LG's betting on phones that have the "wow factor"
Speaking at a in Las Vegas, chief executive Kwon Bong-Seok announced LG’s intention to develop its mobile division into a profitable business by the end of 2021. This will be achieved by expanding the lineup of devices on offer and releasing models with so-called “wow factors” ...
Speaking at a in Las Vegas, chief executive Kwon Bong-Seok announced LG’s intention to develop its mobile division into a profitable business by the end of 2021. This will be achieved by expanding the lineup of devices on offer and releasing models with so-called “wow factors” ...
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