2016Q4
Latest
LG loses money, thanks to smartphones (Updated)
It no longer feels hyperbolic to say that LG's persistence with mobile, while laudable, is also a pretty toxic business decision. After all, the conglomerate has been propping up its flagging handset division for a good long while now. The final quarter of 2016 saw the company take a severe blow, actually losing $223.98 million, mostly thanks to its failing handset division.
