LG Electronics announced its fourth-quarter and full-year 2016 financial results today and they look good for all the departments except Mobile Communications. Overall the company reports KRW 14.78 trillion revenue in sales ($12.79 billion) and KRW 1.34 trillion ($1.16 billion) operating profit due to strong performance by home appliances, air solutions and home entertainment. But one product didn't perform well and it was the flagship smartphone LG G5. Source: LG Electronics The Mobile Communications (MC) division announced 15% QoQ growth due to the strong sales of the LG...
Source: http://www.gsmarena.com/lg_announced_official_financial_results_of_2016-news-22971.php
