26 Oct

LG’s mobile business can’t stop losing money

 Korea electronics giant LG continues to show the world that making a profit, or even breaking even, from selling smartphones is no easy thing. LG Mobile has posted just one quarter of profitability over the last two years, that was six months ago during the first quarter of sales of its new flagship, the LG G6, when it eked out a $3.2 million profit. Previous to that, you have to go way back… Read More
Source: TechCrunch – Funding and Exits

Leave a Reply

Your email address will not be published. Required fields are marked *