LG Mobile records another revenue drop, looking to spice things up in 2019

With another quarter over, companies left and right are sharing their financial results, some boasting, while others are hesitant to reveal ...

With another quarter over, companies left and right are sharing their financial results, some boasting, while others are hesitant to reveal what they “achieved” in the past three months. Sadly, LG’s mobile division falls in the second category yet again.

While other segments of the company are improving, the part of LG that’s responsible for its smartphones continues its trip on the downward spiral, according to the freshly released financial results. In the calendar Q4 of 2018 LG Mobile’s profit was $1.51 billion, contributing to a total of $7.08 billion in revenue for the entire 2018. ...

from PhoneArena http://bit.ly/2UtpCG4