[New post] LG announces Q4 loss of $224M, admits poor sales of G5 smartphone

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Wednesday, 25 January 2017

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Ben Lovejoy posted: " LG has announced that it lost KRW 258.80 billion ($223.98M) in Q4 of last year, its first loss in six years. The company admitted that poor sales of its modular G5 smartphone and subsequent marketing costs were a significant factor. The company restru" Respond to this post by replying above this line New post on 9to5Google LG announces Q4 loss of $224M, admits poor sales of G5 smartphone by Ben Lovejoy LG has announced that it lost KRW 258.80 billion ($223.98M) in Q4 of last year, its first loss in six years. The company admitted that poor sales of its modular G5 smartphone and subsequent marketing costs were a significant factor. The company restructured its mobile division last year as the company struggled to sell the handset. Due to […] Read more of this post Ben Lovejoy | January 25, 2017 at 4:54 am | Categories: Google Corporate | URL: http://wp.me/p1w6tN-GQU Comment    See all comments Unsubscribe to no longer receive posts from 9to5Google. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://9to5google.com/2017/01/25/lg-q4-2016-g5-sales/ Thanks for flying with WordPress.com