LG posts record profits for 2018, mobile division still losing money

31 January 2019
The company sees 5G and new form factors to turn around the fortunes of its struggling phone making arm.

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Anonymous, 31 Jan 2019worse than dismal here in UK At least, in the UK, women are cuter, than say, many u. states (now all thankfully!) .

  • Anonymous

Anonymous, 01 Feb 2019Sony Mobile has never been profitable. It has been a money-... moreSales or quality? What's important for you?

Anonymous, 01 Feb 2019The G whatever and V50 could be good. But their batteries w... moreThe V30 had just 3300 mAh battery but it was stellar performer. Remember that and definitely LGs new flagships will have better batteries than the G7 and V40.

Anonymous, 01 Feb 2019V30 has been my favourite device, for feel and looks. Good ... moreThe V30 screen had issues but the rear cameras were good not as bad as you think. Maybe not on the Pixel 2 level but they were pretty good. Overall it was a great device. LG improved the cameras of the V40 but even with the same battery as the V30 and more efficient chipset the V40 is lagging behind the V30 in battery life. Don't know how LG screwed that.

  • Anonymous

The difference between HTC and LG (Sony) is HTC actually had a few really profitable years, while LG (Sony) Mobile made no money at all, not even for one year.

  • Anonymous

The flagship models of both Sony and LG usually receive good reviews in the English tech press, but none of them sell in reasonable volumes. These flagship models don't even sell that well in their home markets. This is due to the huge disparity between the tech review (1st impression) and real world experience that is related to many other things such as software, updates, post-sale service, vendors response to issues.

  • Anonymous

Anonymous, 01 Feb 2019Sony is doing great. It's smartphone division is profitable... moreSony Mobile has never been profitable. It has been a money-losing enterprise since year Zero. Sony only sold 8 millions or so units for 2018, much worse than even LG. It was so bad that Sony Mobile CEO was let go.

  • Dan

Anonymous, 01 Feb 2019Same with sony lolSony smartphones are actually reliable, they just stuck to outdated designs for too long.

  • AnonD-767570

They need to remove that ThinQ name its so terrible sound like LG G7 ThinQ better version more money like LG G7, and why they add these ThinQ names whY LG whyyy :'(

  • Anonymous

Anonymous, 01 Feb 2019Same with sony lolSony is doing great. It's smartphone division is profitable now. Quality is great too. Even my Z3 still works good.

LG no thanks.
Their TVs are outstanding apart from that they are not that good.
Some other manufacturers could say good bye as well.

People claiming LGs smartphones are 'awful' are talking utter BS. LGs phones are top notch in terms of hardware and software. Their UI is much better than Samsungs and they include all these nifty little features to make life easier for the user. They were the ones who introduced the "floating app" concept which was copied by OEMs subsequently. Their audio quality is beyond any other manufacturer..
They are late with software updates, I will grant you that.

The hardware failures on the G4 and v10 dented their repo but those issues have gone now. The v20, g6, v30, g7 and v40 are all fantastic phones for the prices they are retailing at.

They need to improve their marketing and distribution network to increase sales, because their products are good.

One area of improvement for their smartphones range is the mid range. They have literally zero compelling options, with all their offerings having SD4XX series chipsets. They dont have a single phone that has the SD 660, SD 636, Helio p60/P70 or even the SD 630... Its a big gap in their lineup.

  • Anonymous

Dan, 01 Feb 2019Excellent TVs, decent appliances, awful smartphones.Same with sony lol

  • Anonymous

paco2x, 31 Jan 2019No thanks, at the end only chinese brands will be the only ... moreIs there any phone without backdor/spying nowadays?

It's either got spied by China or USA, or even worse, BOTH.

  • Dan

Excellent TVs, decent appliances, awful smartphones.

  • Anonymous

Vvvky, 31 Jan 2019LG flagships have the same CPUs as other flagships in bench... moreThe G whatever and V50 could be good. But their batteries will be years behind. They'll be too small.

  • Anonymous

Vvvky, 31 Jan 2019Why sell LG makes great phones in 2018 they screwed on the ... moreV30 has been my favourite device, for feel and looks. Good battery too. Sadly a poor screen and very poor cameras meant that it was destined to fail.

  • Anonymous

LG used to be one of the only two vendors that could reliably supply smartphone OLED panels, but the quality of LG's panels has always been a suspect. (Mate 20 Pro's green-screen debacle was due entirely to LG's poor quality control.) With the rise of BOE as the future dominant player in OLED phone panels, LG's importance as OLED panel supplier is quickly faded. There is no role left for LG to play in the smartphone space. LG is no longer needed by any other phone makers.

  • Anonymous

If they actually updated their phones I'd buy them.
All their phones are just abandonware a month after it come out.

And I used to think Sammy was bad until I got an LG. No security patches, super slow OS updates.
Until they sort that out no thanks LG.

  • Ray

Deceptive customer service, unproof software updates, eons to bugfix things. Along the time, perhaps, their value and prices drop and are more reasonable knowing all that, but their initial prices are obscene taking into the account how badly your phone will evolve in the future... null.