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Friday 29 January 2021

LG reports record profit in 2020 but mobile losses continue

LG Electronics today reported revenues of 63.26 trillion won (US$ 56.45 billion), up 1.53% YoY for the whole 2020 and 18.78 trillion won (US$ 16.76 billion) fourth quarter that ended December 31, 2020, which is up 16.9% compared to the same quarter last year. For 2020 it posted a record-setting operating profit of 3.20 trillion … Continue reading "LG reports record profit in 2020 but mobile losses continue"