LG released results for the fourth quarter of 2016

Jan

25

2017

LG has announced its business figures for the fourth quarter of 2016. We are particularly interested in a glance at the company’s mobile division, with its weak sales for a refocus on the LG V20, which also sold better during the last quarter. Overall, LG Mobile Communications generated revenues of 2.51 billion dollars, but does not generate profit. Just as with the LG Vehicle Components division, the two divisions are responsible for LG’s total loss of $ 223.98 million from the fourth quarter.

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