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Let s Try This Again, LG

Share We may earn a commission when you click links to retailers and purchase goods. More info. We recently learned that LG is contemplating a shutdown of its mobile business, the same business that is reported to have lost the company around $4.5 billion in the past five years. When you start talking about that kind of money, it seems like a safe assumption that if LG didn’t have other successful businesses bringing in money (TVs, appliances, etc.), LG phones might’ve gone away a while ago. HTC seems like a good example of that, a company that didn’t have a lot of other businesses to help keep the mobile division afloat while it struggled to put out popular phones.

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