LG is in a tough spot. The overall company is doing very well, having just finished its most successful year ever. However, the company's mobile division is just burning money, and earnings there are moving in the wrong direction after LG pledged to turn a profit on smartphones within a year.
LG pulled in a whopping KRW 62.3 trillion ($53.0 billion) in 2019 with a profit of KRW 2.44 trillion (USD 2.07 billion).
Read MoreLG announces record earnings for 2019 in spite of higher mobile losses was written by the awesome team at Android Police.
from Android Police – Android news, reviews, apps, games, phones, tablets https://ift.tt/319f7wj
Comments
Post a Comment