LG has reported for the last quarter

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.

LG has reported for the last 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.

LG has reported for the last quarter

 

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