Sony posts fiscal Q2 results, mobile division in decline

Sony posted its financial results for the July-September period, and they look promising. The latest update shows the Japanese company raked in JPY2 trillion (about $18.25 billion) in revenue and managed to get a net profit of $1.15 billion. The most significant earners are the Semiconductors department, which includes image sensors for mobile products, and […]

LG mobile division keeps bleeding money in Q3 2017

LG Electronics posted its Q3 2017 financial results and the trends from Q1 and Q2 2017 earning releases continue. The company keeps going strong, mainly thanks to the Home Appliance & Air Solution divisions, but the mobile communications branch is still unable to turn a profit. Тhe company posted revenue of KRW15.22 trillion ($13.44 billion), which is a 15% […]

LG Appliances and TV Earnings at Record Levels but No G5 Boost for Mobile Division

South Korea’s LG Electronics Inc on Thursday posted its highest quarterly operating profit in two years, thanks to record appliances and television earnings that offset another loss for the mobile division. The world’s second-largest TV maker behind SamsungElectronics Co Ltd said in a regulatory filing its April-June profit more than doubled from a year earlier […]