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LG Mobile posts a loss, says premium smartphone sales weaker than expected

Started by Redaktion, July 27, 2017, 23:59:42

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Redaktion

July 27, 2017, 23:59:42
LG Electronics posted a second quarter operating income of US$588.2 million, no thanks to the mobile department which recorded a net loss of US$-117.27 million. LG attributes the mobile loss to lower than expected sales of their premium smartphones, despite a 13% improvement in North American sales of their product line.

https://www.notebookcheck.net/LG-Mobile-posts-a-loss-says-premium-smartphone-sales-weaker-than-expected.237644.0.html
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