As the Q1 2018 is over, the companies are gearing up for releasing their financial reports and earnings stats. Today, we have come to know that Samsung is doing great, while LG is also doing good with ground-breaking numbers on the register.

LG is expecting to get the consolidated revenues of about $14.1 billion while it expects to make the operating profit of $1.02 billion, which will make the best-ever first quarter in the history of the company.

Unfortunately, the mobile division of the company is expected to mark the 4^th quarter in straight in the red color. The main reason is the lack of launches and the stiff competition during first quarter. This loss is however smaller than previous quarters according to analysts.

The company is however making more sales in OLED TVs and other home appliances while the mobile division is lacking behind a bit.