LG Q3 2016 profits fall 10.8% YoY, mobile revenue down 23% due to weak G5 sales

LG Electronics has reported revenues of 13.2 trillion won (US$ 11.8 billion) in Q3 that ended September 30, 2016, which is down 5.7% compared to the same quarter last year with operating profit of 283.2 billion won (US$ 252.7 million), down 10.8% from the same period the previous year. Home Appliance & Air Solution business and Home Entertainment … Continue reading "LG Q3 2016 profits fall 10.8% YoY, mobile revenue down 23% due to weak G5 sales"

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