Yes, it’s that time of the year quarter again, and after taking a close look at Samsung’s robust financials and not-so-rosy predictions for Q2 2020 and beyond, we’d like to quickly discuss LG’s performance during the year’s first three months as well.
Just like its domestic arch-rival, this tech giant is also involved in many different businesses and industry segments, some of which are significantly more successful than others. But while Samsung can rely on its well-oiled smartphone division for a considerable chunk of its overall profit even at the beginning of a pandemic, the LG “Mobile Communications Company” continues to be the main money waster under the coordination of LG Electronics.
