Much like we saw Samsung do last week, LG has just released their preliminary earnings report for Q1 2016. While the company is seeing -8.2% revenue compared to the 4th quarter of last year, and -4.5% revenue compared to Q1 2015, operating profits have spiked tremendously. LG is expecting to report a 44.8% increase in profits compared to Q4 2015 and a 65.5% increase in profits compared to Q1 2015.
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