/ / / LG Mobile reports even higher quarterly losses and lower sales, blames the 'market' and 'Chinese brands'

LG Mobile reports even higher quarterly losses and lower sales, blames the 'market' and 'Chinese brands'

LG seemed almost unusually optimistic back in April, reporting a smaller operating loss for its long-struggling mobile division than the previous quarter while expecting the 5G-enabled V50 ThinQ to "create positive momentum" in Q2. Technically, the company never said anything about potentially returning to smartphone business profitability, but clearly, the hope was the April - June 2019 results would continue the (semi) positive trend noticed in the January - March timeframe.

Although the V50 ThinQ 5G was deemed an early box-office hit in LG's homeland, the "Mobile Communications ...

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