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The space features high-tech conference rooms and co-working space with plug-and-play tables that allow students and entrepreneurs to meet, work, network, share ideas and collaborate, said Joseph Boylan, chamber vice president of economic development. A 50-seat theater and lecture hall is the focal point of the center. It features equipment to host virtual meetings, podcasts, lectures, competitions, training programs, mentoring sessions and teleconferences. The chamber also launched its new Wilkes-Barre Connect initiative that brings together partner service providers to ensure start-up and existing businesses have access to resources, services and facilities they need to grow in Northeastern Pennsylvania. More than 75 business and community leaders from across the region attended the grand opening event, including state Sen. John Yudichak, D-Plymouth Township, and state Rep. Eddie Day Pashinski, D-Wilkes-Barre. We welcome user discussion on our site, under the following guidelines: To comment you must first create a profile and sign-in with a verified DISQUS account or social network ID.
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Related: This Chinese brand is chasing down LG after selling 50 million phones in 2015 Even with the increase in overall sales, sales revenue was down slightly, meaning the average phone sale price was lower in 2015 than 2014.It is the first time LG has sold more than 10 million LTE phones, which might be thanks to improved LG V10 sales in North American markets, which hit 450,000 sales in 45 days. The mobile business has again failed to post an operating profit. In the last three months, LG reported an operating loss of $36 million for its mobile business, which follows a $63 million loss. The company did not say if it thinks the mobile business will be profitable in 2016, but did mention two flagship models coming in the next twelve months.It blamed sluggish global market demand for TVs and softer growth in the smartphone market for the dip in total revenue, dropping from $51 billion t0 $48 billion year-on-year. Its not all bad news. LGs other divisions are showing promise, with its home appliance division posting a $177 million profit. The TV and vehicle component business also reported profits, but the company as a whole reported a net loss of $117 million.LG is expecting an increase in demand for high-end TVs, which it hopes will include some of its 4K Super UHD lineup announced at CES 2016 .
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