LG is a profitable company overall, reporting growing profits almost every quarter. However, LG's mobile division has been an anchor around the company's neck. LG mobile still isn't profitable in the just-released Q3 results, but the losses have lessened. LG thinks it can turn the corner and start making money on smartphones again, but it's not exactly within striking distance of that goal.
LG reports that it saw an operating profit of $667.7 million last quarter, a 45% year-over-year increase.
Read MoreLG made more money in Q3 as mobile losses shrink slightly was written by the awesome team at Android Police.
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