Thursday, January 31, 2019

LG's mobile division continues to struggle amid otherwise strong 2018 financial results

It's time for full-year 2018 financial results. Samsung has already posted numbers showing less than stellar profits for its mobile division, and now its the turn of South Korea's other tech giant, LG. The story is pretty much unchanged since Q3 results came out — the company is profitable overall, but its mobile division persists in underachieving.

Full-year revenue of $54.4 billion dollars is a record for LG, with profits increasing by almost 10% to $2.4 billion.

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LG's mobile division continues to struggle amid otherwise strong 2018 financial results was written by the awesome team at Android Police.



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