LG might be leaving the smartphone business this year
This might be the year we say goodbye to LG smartphones
After five years of loss equating to roughly $4.5 billion USD, LG might be ditching its smartphone business in 2021.
The Korea Heraldhas reported that Kwon Bong-seok has sent out a memo to his staff on Wednesday, indicating a change in direction for its phone business. “Since the competition in the global market for mobile devices is getting fiercer, it is about time for LG to make a cold judgment and the best choice,â says an LG official in a statement to