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ExclusiveQuarterly figures show LG's phone business dropping back into the red

LG Electronics has reported quarterly results that show the mobile communications part of its business moving from profit into loss for the first time since the same quarter last year.

Overall profit for the company was up year-on-year to 218 billion South Korean Won (£127 million), although down from the previous quarter.

ExclusiveIt’s not your fault, so why wait for your mobile phone?

David Heled writes:

The dependency on mobile phones is at an all-time high. Used for everything from the weekly grocery shop to monitoring heart rate, it’s no underestimation to say that we would be lost without our mobile phones. So when it takes days for your phone to be repaired, it has a considerable impact on your normal daily life.

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