No rest for LG as their struggles continue



As the struggle of LG continues in the mobile business, LG Electronics said that it lost money for the first time in four years. The company is now depending on the Google’s Android software to save its sales by launching phones running on the new software through 120 carriers worldwide. LG has struggled since a year following its troubles with Smartphone development. LG which is the world’s third largest phone maker posted a profit of $721 million for April-June quarter which is down from same last year which was $1.1 billion.

This entry was posted on Thursday, August 19th, 2010 at 12:09 am and is filed under Lg news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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