LG Mobile had a "challenging" second quarter, weak flagship sales to blame
But it seems that the U.S. is warming up on the company's smartphones, as proven by a 13 percent increase in year over year device sales in the country. Then again, those numbers didn't come from flagship devices, either: LG cites "strong performance of the company’s mass-tier lineup," where "mass-tier" actually means low-end. This is also a good explanation for the newly-introduced Q series — LG clearly states it expects to see increased sales in the second half of the year following the Q6 and Q8's release.
Still, while its mobile division is underperforming, the rest of LG Electronics is actually doing quite well — the home appliances division leads the pack with a sales increase of 12 percent over last year, while the operating income for the entire company (LG Mobile included) actually jumped 13.1 percent.
The report did make sure to mention the upcoming launch of the LG V30, even if it did so with little enthusiasm. We don't imagine it will do much to fill the mobile division's financial hole, though, considering the G6's unimpressive performance and some LG's questionable decision to actually start pulling out of countries. Here's hoping the company proves us wrong, though.
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