Thursday, 08 December 2016

LG's handsets unit swings to operating loss but sales up

By Mary Lennighan, Total Telecom
Monday 27 January 14

Spending on marketing and price competition hits South Korean vendor's results.

Troubled South Korean handset maker LG Electronics saw its mobile phones business swing to an operating loss in the fourth quarter of 2013, but it posted a bigger profit for the full year than it did in 2012 and reported substantially higher sales figures…

Troubled South Korean handset maker LG Electronics saw its mobile phones business swing to an operating loss in the fourth quarter of 2013, but it posted a bigger profit for the full year than it did in 2012 and reported substantially higher sales figures…

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