LG posts $224 million loss as ‘weak’ selling G5 smartphone drags it down once again

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lg-g5 (4 of 14) Samsung just recorded its best quarter of business for three years, but the same can’t be said of fellow Korean electronics firm LG. LG just carded a KRW 258.80 billion ($223.98 million) net loss for Q4 2016 on account of another poor performance from its mobile division, which saw revenue drop by nearly one-quarter over the past year. LG recorded positive revenues of KRW 14.78… Read More