[New post] LG plans to launch two flagship phones in 2016 following 4th quarter mobile loss

Cam Bunton posted: " LG announced its Q4 2015 earnings this morning and revealed that although the company as a whole saw growth and profitability, the mobile division made a loss. LG made $308 million in Q4 thanks mostly to strong performance from its Home Appliance and " Respond to this post by replying above this line New post on 9to5Google LG plans to launch two flagship phones in 2016 following 4th quarter mobile loss by Cam Bunton LG announced its Q4 2015 earnings this morning and revealed that although the company as a whole saw growth and profitability, the mobile division made a loss. LG made $308 million in Q4 thanks mostly to strong performance from its Home Appliance and Air Solution Company. Despite LG's mobile division making a loss of around $39 million, LG managed to sell 15.3 million smartphones globally in the fourth quarter, bringing its total for 2015 up to 59.7 million units. That's slightly better than 2014, when LG managed to sell 59.1 million smartphones. Sequentially, fourth quarter sales were up 12% on the third quarter, thanks to strong performance in North America, presumably as a result of launching the V10 flagship smartphone and holiday season sales... Read more of this post Cam Bunton | January 26, 2016 at 2:26 am | Tags: Android, earnings, financials, LG, LG G5, smartphones | Categories: Android | URL: http://wp.me/p1w6tN-xR0 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/2016/01/26/lg-two-new-phones-2016/ Thanks for flying with WordPress.com