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LG posts first quarterly operating loss in 6 years in Q4 2016, mobile revenue down 21% YoY due to weak G5 sales

LG Electronics has reported revenues of 1.34 trillion won (US$ 1.16 billion) in Q4 that ended December 31, 2016, which is up 12.2% compared to the same quarter last year, but it has reported operating loss of 35.2 billion won (US$30.1 million), compared to a profit of 348.9 billion won for the same quarter in 2015. LG Home Appliance … Continue reading "LG posts first quarterly operating loss in 6 years in Q4 2016, mobile revenue down 21% YoY due to weak G5 sales"
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http://www.fonearena.com/blog/209981/lg-posts-first-quarterly-operating-loss-in-6-years-in-q4-2016-mobile-revenue-down-21-yoy-due-to-weak-g5-sales.html

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