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LG’s mobile business is still making big losses
#HTE
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. LG Mobile has posted just one quarter of profitability… Read More
https://techcrunch.com/2018/01/25/lgs-mobile-business-is-still-making-big-losses/?ncid=rss
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. LG Mobile has posted just one quarter of profitability… Read Morehttps://techcrunch.com/2018/01/25/lgs-mobile-business-is-still-making-big-losses/?ncid=rss