GSMArena.com - Latest articles: LG Mobile decline continues in Q4 2017

GSMArena.com - Latest articles GSMArena.com is the ultimate resource for GSM handset information. This feed contains the latest articles (news and reviews) in chronological order.

LG Mobile decline continues in Q4 2017 Jan 25th 2018, 10:45 LG Electronics released its Q4 and full 2017 financial results. The company posted record full-year revenues of KRW61.4 trillion ($55.4 billion), almost 11% more than 2016. Profit also was impressive - KRW2.47 trillion ($2.24 billion) which is an 85% increase over the previous 12 months. The Mobile Communications division still couldn't turn a profit but narrowing the operating loss to KRW213.2 billion ($192.33 million) from KRW375.3 billion ($331.37 million) in the previous three-month period. LG appointed new mobile chief after Q3 2017. Now, according to the company, an...

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