LG Electronics posted its Q1 financial results, noting consolidated sales of KRW15.12 trillion ($14.1 billion) and operating profit of KRW1.11 trillion ($1.03 billion). This is a result of 3.2% sales rise and 20% income jump, marking the highest Q1 profit ever and the highest quarterly profit since the summer of 2009. LG G7 ThinQ The overall picture might be looking good for LG, but the Mobile Communications division is still in the red for the staggering 11th quarter in a row. Sales of phones were about KRW2.16 trillion (or $2 billion). Last year the Q1 report saw $176,000 in...
Source: https://www.gsmarena.com/lg_report_record_profit_q1_2018_mobile_communications_poor-news-30727.php
