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LG Mobile revenues down 28% in Q1 after flagship launch delayed

2018-04-26 11:06:00| Telecompaper Headlines

(Telecompaper) LG Electronics reported a sharp fall in results from its mobile phone business in the first quarter, after it delayed the launch of its next flagship phone. Revenues fell 27.7 percent year-on-year to KRW 2.16 trillion, and smartphone shipments were down 23 percent to 11.4 million. 

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