LG's phone division is still tanking, despite the tech giant's massive shift in mobile strategy. Based on the Korean company's earnings report for April to June this year, its mobile arm suffered another major blow after recording an operating loss of 185.4 billion Korean won (US$ 171.95 million). While it's not the division's worst period -- it was losing between $200 to $400 million almost every three months last year -- this is the fifth straight quarter is has hemorrhaged money.
LG's big advertising push on flagship phones didn't work posted first on https://www.engadget.com
No comments:
Post a Comment