LG revealed its second-quarter results today, and the news is good overall. The company had sales of $13.9 billion (up 3.2%) and a profit of $715.1 million (up 16.1%). The profit is thanks to brisk sales of appliances and home theater equipment. However, LG's mobile division continues to lose money.
The mobile unit had sales of $1.92 billion, which is a decline from last year when it took in $2.39 billion. LG's mobile division lost $171.95 million, more than last year's $117 million loss. In Q2 last year, LG blamed losses mainly on poor sales performance by the G6.
Read MoreLG announces a profitable Q2 despite continued losses in mobile was written by the awesome team at Android Police.
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