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LG would make more money if it wasn't for smartphones

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You know it's bad when your mobile business gets trounced by the rival that sold a smartphone that actually blew up in its customers pockets. That's the situation over at LG, whose mobile communications division contrived to lose $389.4 million across the last three months. In the company's latest financials, it's revealed that LG shipped 13.5 million devices and saw US sales increase by 14 percent quarter-on-quarter. But that's pretty much the same thing the company achieved in every quarter since the start of 2014, and that plan stopped making a profit partway through 2015.

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