g5 Archive

LG Mobile reports $132M loss as flagship G5 gets off to a slow start

Flagship phones are often make or break in the mobile industry. Just ask LG. The Korean company’s G5, an ambitious effort at modular devices, continues to weigh on the company’s financial performance this year. LG announces its Q2 2016 report today and, in short, its mobile business is still some way from breaking even. While LG Electronics — the entire group — posted an operating profit of KRW …