GSMArena.com - Latest articles: LG reports record profit in Q1 but phone division keeps struggling

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 reports record profit in Q1 but phone division keeps struggling Apr 26th 2018, 10:45 LG Electronics posted its Q1 financial results, noting consolidated sales of KRW15.12 trillion ($14.1 billion) and operating profit of KRW1.11 trillion ($1.03 billion). This is a result of 3.2% sales rise and 20% income jump, marking the highest Q1 profit ever and the highest quarterly profit since the summer of 2009. LG G7 ThinQ The overall picture might be looking good for LG, but the Mobile Communications division is still in the red for the staggering 11th quarter in a row. Sales of phones were about KRW2.16 trillion (or $2 billion). Last year the Q1 report saw $176,000 in...

You are receiving this email because you subscribed to this feed at blogtrottr.com. By using Blogtrottr, you agree to our policies, terms and conditions. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions.