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An Increase in Earnings By 84% Witnessed By LG Q4 Recorded in 2017

An Increase in Earnings By 84% Witnessed By LG Q4 Recorded in 2017
January 09
11:38 2018

Each year, an annual report is submitted by all the departments which allow the ups & downs of that specific firm. This annual report helps in those measuring facts which allow changing or bettering the policy. The same fact has been recorded by the company of LG developing the smartphone for the valuable customers. In 2017, it has been seen that LG Q4 has been getting famous in the sense that about 84% of the earning of LG Q4 has been increased & it has been witnessed in the records. Last year, LG has also announced the annual record as the financial result. With its quarterly report, this result has been witnessed. Q4 2016 has shown about 35.2 billion while Q4 2017 has shown about 366.6 billion increments.

LG is actually the company that has been founded in 1958 by the Seoul as a Goldstar. LG is leading in the electronics by producing the home appliances, televisions sets, mobiles & tablets, etc. 1st Android smartphone of the LG was announced in 2009 while the 1st android tablet was invented in 2011. The G series of the smartphone are the flagships for this company & it is quite astonishing knowing that it has been developing smart televisions. LG Q4 is the best innovation of the LG Company.

New Expectations of LG Q4 in 2018

In 2017, LG has made its profit in spite of having the slow buying. The lower sale projection of the LG Q4 has no effect on the development of the increasing demand for Q4.

In 2018, it has been expected that this increased rate will be incremented. According to the new resolution of the year 2018, there has been expected much better. Now the profit will be next level. Analysts have been analyzing that they are predicting about 10% increase in the sale of the LG Q4 & & all LG’s mobile division due to the V30 & also Q lineup.

In the year ahead, it has been seen that LG is showing a better future & there is a great future for the electronics. It has been predicted that in 2018, there will be the great innovation by the LG electronics.

  • LG reported a profit of 366.6 billion won in Q4 2017, up from a loss of 35.2 billion won in Q4 2016.
  • Analysts expected it to make more than 471 billion won in Q4 2017, a mark it missed by more than 100 billion won.

Despite, lower than projected numbers in Q4, the company still made its 2nd highest operating profit in the history in 2017.

An Increase in Earnings By 84% Witnessed By LG Q4 Recorded in 2017 - overview

Summary: LG Q4 has shown a remarkable increase in the market due to the Q4 & G series. It has been seen that in 2018, there will be great increase in the buying in the market of mobile technology.



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