LG announces $244 million Q4 loss, blames it on poor LG G5 sales

LG's gambit of creating an entirely new flagship smartphone, the LG G5, and make it a modular device together with various "Friends" accessories, including a 360' camera, a camera grip, speakers and other add ons. While I had the chance to test a pre-production LG G5, and liked its dual-camera array, I worried that the modular connectivity (which requires the removal of bottom part which secures the battery, was not ideal.

It seems the LG G5 sold very poorly, despite being heavily promoted. Unfortunately, this didn't help at all as consumers seemed to have ignored the LG G5. LG has a windows of opportunity at Mobile World Congress since Samsung has opted to drop out of the event and release the Galaxy S8 in a separate event. This means  LG can make moves and capture attention for its next flagship.

Source: 9to5Google