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May 2, 2019 05:49 am GMT

Once a major name in smartphones, LG Mobile is now irrelevant and still losing money

LG was once a stalwart of the smartphone industry — remember its collaboration with Facebook back in the day? — but today the company is swiftly descending into irrelevance. The latest proof is LG’s Q1 financials, released this week, which show that its mobile division grossed just KRW 1.51 trillion ($1.34 billion) in sales for […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/ypT6T8QOC3Y/

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