LG Electronics announced its Q3 financial results and the overall picture looks good - highest sales ever between the months of July and September, and best profitability in the last ten years. However, the Mobile Communications division is reporting 24.5% decline in sales on a yearly basis, although it did manage to reduce its operating loss from KRW313 billion ($268 million) to KRW161.2 billion ($138.2 million). The company said the reason for the unimpressive sales was the "challenging global smartphone market". A shining beam of light in the performance of the division was the...
Source: https://www.gsmarena.com/lg_smartphone_sales_came_down_25_in_q3_2019-news-39874.php
