That's up 20 percent year-on-year and it represents the first time LG has made a profit of over 1 trillion KRW in the first quarter of the financial year.
To give credit, new LG Mobile CEO Hwang Jeong-hwan - who took the top job in November - managed to reduce losses from 375.3 billion KRW ($331.37 million) in Q3 to 213.2 billion KRW ($192.33 million) in Q4, but turning the division profitable is much harder than cutting the bleeding.
Time will tell how what DTS delivery in a room will be like from built-in TV speakers, but if anyone can make it work a manufacturer with the resources LG has can.
That said, the company's newest flagship phone - the G7 - is rumored to be dropping next month, so it won't be too long before we can see what the new management team has in mind. Since the device would run Android Oreo, it would also have Google Assistant pre-installed. It will be competing with the likes of Samsung Galaxy S9 and Huawei P20 smartphones.
As mentioned, LG is expected to bring the G7 ThinQ to market in May, so it's likely that LG may have an announcement in order for late April, where we'll be able to bring you more information. The G7 would launch without an iPhone X-like 3D facial recognition system. While the LG V30S ThinQ smartphones came with Snapdragon 835 chipset, the LG G7 ThinQ will be powered by the Snapdragon 845 chipset.
LG's mobile business head Hwang Jeong-hwan told media at the MWC that LG would not increase the prices of its handsets due to "unnecessary features" that people don't use. According to the ETnews, LG is responsible for combining a panel and a sensor into a single module to enable this technology.
The switch to MLCD+ display suggests that the LG G7 ThinQ would be priced competitively.
The phone has been spotted on AnTuTu with a high score of 252,473. LG will optimize the software to hide the notch when watching videos or playing games to ensure that the cutout doesn't hurt the user experience.