Reports – LG’s Smartphone Business Has a Bleak Future
According to some reports LG’s smartphone business has a bleak future, the simple reason being that LG mobile has perform poorly to attract and capture the heart of the consumers which resulted the company to perform below expectation in sales.
To put this analysis into perspective, LG’s smartphone business posted a loss for seven straight quarters, it also posted an operating loss of $117 million in Q2 2017.
LG initially hoped the LG G6 to save the day, and turn around the smartphone business. Unfortunately, that didn’t happen!
Hopefully, the latest LG V30 could make a change and turn things around for the Global brand: