Madshrimps Forum Madness - LG made 1.2 cents in profit for every phone it sold

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Stefan Mileschin

29th July 2015 11:05

LG made 1.2 cents in profit for every phone it sold

LG's latest earnings report shows just how tough the smartphone market is getting. On the one hand, LG Mobile shipped 8.1 million LTE smartphones, its best result ever. On the other hand, it sold fewer premium models in Korea and spent a lot of money...

http://www.engadget.com/2015/07/29/l...=rss_truncated

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