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% […]

Xiaomi Says It Sold Over 2 Million Smartphones in India in Q3 2016

HIGHLIGHTS Xiaomi claims over 2 million smartphones sold in India in Q3 Redmi 3, Redmi 3 Note are some of the popular phones from Xiaomi Xiaomi claims it achieved over 150 percent year-on-year growth Xiaomi has claimed that it has sold over 2 million smartphones in India in the third-quarter of 2016. The Chinese company […]