It’s not much of a surprise that Sony’s mobile division has never done very well relative to the rest of the industry, and it’s been a rumor for quite some time that the company will drop out of the smartphone game entirely. The move would make sense, especially considering it has recently been losing more […]
Come comment on this article: Sony’s mobile division might be on the chopping block
“Road-map cutbacks” have been cited as the instigator for Google slashing their future laptops/tablets and pushing their hardware employees to other projects ‘temporarily’. Google has made many attempts at building their own hardware; from long-forgotten netbooks to their line of ‘Nexus‘ phones and oddities like the ‘Nexus Q‘, to their current line of ‘Pixel‘ chromebooks, […]
Come comment on this article: Google puts hardware division on hold, some projects cancelled
Apple has poached the head of Samsung's battery division to lead its own battery development efforts. Cupertino hired Samsung SDI's Soonho Ahn to become its Global Head of Battery Developments, Bloomberg has reported after spotting the major career m…
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It’s that time again where LG posts their financial results, for Q2 in this case, which shows its mobile division to be making losses, for the fifth quarter in a row, despite the company changing its mobile strategy. In a nutshell, LG made sales worth $ 1.92 billion and an operating loss of 171.96 million between April and […]
Come comment on this article: LG’s mobile division posts a loss for the fifth quarter in a row
Nest has been riding the struggle bus for the past few years, turning pretty much no profit and putting Alphabet in a difficult decision about what to do with the hardware company. Well, it looks like Alphabet’s plan might be to just squish Nest back into Google’s hardware division, ending the smart home manufacturer’s autonomous […]
Come comment on this article: Nest might get folded back into Google’s hardware division
Weak smartphone sales drove LG’s mobile division to a sixth straight quarter of declining profits. The company is pursuing a restructuring effort as it ramps up production of profitable midrange and low-end handsets.
The post LG’s mobile division loses $ 389.4 million, has declined for six straight quarters appeared first on Digital Trends.
Three weeks ago, LG’s mobile division experienced a shakeup amid disappointing sales for the company’s 2016 flagship. The G5 just didn’t meet expectations for anyone, and LG was forced to shift leadership positions after taking a loss for Q2 2016. Now LG is preparing to get back into the green with its upcoming flagship for […]
Come comment on this article: Hoping to revive slumping mobile division, LG launches the V20 in September