LG G7 ThinQ

Investors may be disappointed when LG announces its second-quarter earnings as the chaebol estimates that it had an estimated operating income of ‎₩771 billion ($691.1 million). While that is an annual increase of 16.1 percent, the number compares to a ₩821 billion figure based on a Reuters trading house consensus. Full results are due at the end of this month.

LG had its winningest quarter in nine years during the winter season thanks to its premium SIGNATURE branding in home appliances and especially televisions. However, it decided to spend extra cash this quarter on marketing all of its properties, including smartphones — you may have seen Aubrey Plaza in the company’s latest promotional campaign for the G7 ThinQ.

Competitor Samsung has forecast a 5.2 percent jump in profits with downward drag due to slow Galaxy S9 sales.

You May Also Like
Google Pixel 4a, prakhar khanna
Pocketnow Daily: Google Pixel 4a Price: Apple, Hold my Beer? (video)
On today’s Pocketnow Daily, we talk about the possible price of the Google Pixel 4a, the standard amount of RAM in the Galaxy Note 20 series and more
HUAWEI Enjoy Z mid-ranger with 5G support to launch on May 24
HUAWEI Enjoy Z might be the most affordable 5G-ready smartphone in the company’s portfolio.
LG Q61
LG Q61 with military-level durability announced in Korea
It is priced at 369,600 won (~ US$300).