LG executive believes 5G could lead to mobile division profit next year

LG V40 ThinQ

Recent forecasts point towards Q3 2018 being a record quarter for LG as a whole. Unfortunately, the company’s smartphone unit continues to bleed money and is on track to reach $400 million in losses by the end of the year. But despite this, LG Mobile President and Chief Executive Officer Hwang Jeong-Hwan expects a turnaround pretty soon.

Speaking to journalists in South Korea following the LG V40 ThinQ unveiling, the executive claimed that LG is one of just two or three companies that are currently capable of releasing a ...

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