LG released its financial report for the second quarter of fiscal 2016, with revenue of $503.1 million, up 140% from the same quarter last year, showing a good momentum of development. Only in the mobile sector, 13.9 million smartphones were sold in the second quarter, an increase of 3%, but the loss reached 132.1 million dollars. It is believed that this is related to the weak sales of the new flagship G5, and it also revealed that the new V series phones will be launched in the next quarter.

With regard to the new V series aircraft, it has been reported that it should be the successor of V10. The name may be V11 or V20, but there is no related spy photo or configuration disclosure. We can only expect LG to release this new aircraft as soon as possible.

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