LG has published a report on its earnings for the last quarter. According to him, the operating profit from mobile business corporation was only $ 172,000. Within three months, the company shipped 14.1 million units of mobile device, which is 3% lower compared to the previous quarter.
But the most incredible figures were 1.2 cents in operating profit expansions that LG had shipped with each device. The problem in such a small figure of the company calls the premium device – or rather, their weak sales. Smartphones, which have shown a good momentum of sales in North America, did not become popular at the LG home – South Korea. It was there that the company planned to sell most high-end smartphones.
The company is also spending huge sums on promotion of its latest flagship model – LG G4. But the device is not easy to compete with other Android-smartphone, such as the Samsung Galaxy S6 and Galaxy S6 Edge.
With the results of the last quarter, LG’s mocking form hurried to congratulate the co-founder and CEO OnePlus 2, Carl Pei in his Twitter account. Screenshot his tweet you can see below.