Like so many companies, LG has released its financial results for the second quarter of 2016. We had a little while ago the magnificent figures of Q2 Samsung that has allowed the Korean manufacturer to obtain profits not collecting two years. So now we have another Korean company sharing sales obtained in those three months of the second quarter of the year.
LG has published today its results, and as is expected, the company it is doing quite well in terms General. She has shared that their benefits have been 503.1 million dollars, which is 140 percent greater than the operations in the same quarter of last year. LG can thank your entertainment solutions at home so that you have found these well positive figures.
But when we are talking about smartphones, the thing is not the same. LG Mobile Communications has vengraving 13.9 million of smarpthones, which is an increase of the 3 percent compared to the same period of the previous quarter. These figures are supplemented by a loss of 132,1 million dollars, due to the G5 a slow initial sales. Anyway, LG expects to improve outcomes and has confirmed that a new smartphone series V will be launched this quarter in which we find ourselves.
This confirms one of the rumors about the successor to the LG V10 which maintained that it would be released in September of this year. The new terminal would be called LG V20 or V11, although we do not have details about features, nothing more than the words of LG confirming the arrival of the successor to that phone. What we expect is to be able to integrate a better battery autonomy improve, since both the V10 in the G5, which I launched the review 2 months ago, they have been criticized for their low battery.