Wednesday, February 1, 2012

LG finally earns some money from smartphones, still posts a net loss

LG finally earns some money from smartphones, still posts a net loss

LG posted its financial report on Q4 and full 2011 and things aren't looking particularly healthy for the Korean giant. The company did better in the holiday season then in either Q3 2011 or Q4 2010, but it still lost money and that doesn't qualify as a good performance. The good news is that the handset division has made a small operating profit.

GSM Arena, LG finally earns some money from smartphones, still posts a net loss

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