LG’s mobile business is still making big losses

LG’s mobile business is still making big losses

6 years ago
Anonymous $v9r5mEH86V

https://techcrunch.com/2018/01/25/lgs-mobile-business-is-still-making-big-losses/

LG’s smartphone business still continues to lose money at an alarming rate.

The Korean firm cut its losses in its Q4 2017 financial period to minus RKW 213.2 billion ($192.33 million), up from KRW 375.3 billion ($331.37 million) in the previous quarter, but there’s is no sign that things will drastically change any time soon.