Following many other companies, LG has now announced its second-quarter results for the 2017 and unfortunately results are not great. Unlike Samsung, who reported record best second quarter, LG's mobile division is still losing money.
In the second quarter of 2017, it lost $117 million, since LG G6 performed well under the company's expectations. On the other hand, the Home Appliance & Air Solution unit and the Home Entertainment unit have brought in $412.5M and $303.8M, respectively,
LG hopes its new Q series and upcoming V30 handset will improve sales in the second half of 2017.
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