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South Korea's LG Electronics says all options open for troubled mobile phone business Toggle share menu Advertisement South Korea's LG Electronics says all options open for troubled mobile phone business South Korea's LG Electronics Inc said on Wednesday it needed to decide what to do with its loss-making mobile business and was considering all options. FILE PHOTO: Visitors use their mobile phones next to LG booth during the Mobile World Congress in Barcelona, Spain, February 27, 2019. REUTERS/Rafael Marchante/File photo 20 Jan 2021 03:20PM ...

South Korea's LG Electronics said on Wednesday it was considering all options for its loss-making mobile division, which analysts said could include shutting its smartphone business or selling off parts of the unit.

South Korea's LG Electronics said on Wednesday it was considering all options for its loss-making mobile division, which analysts said could include shutting its smartphone business or selling off parts of the unit.

LG Electronics says all options open for troubled mobile phone business Reuters Seoul | Updated on People walk past a company logo of LG Electronics   -  REUTERS× South Korea company’s business had generated losses for 23 consecutive quarters South Korea’s LG Electronics Incsaid on Wednesday it needed to decide what to dowith its loss-making mobile business and was considering all options. The business had generated losses for 23 consecutive quarters amounting to about 5 trillion won ($4.5 billion) amid “fierce” competition, the company said in a statement. LG Electronics shares ...

These Companies Will Make Your Electric Car For You Magna and LG, Geely, and Foxconn are forming joint ventures to build cars and components for other companies. Byton Lots of deals are being inked both inside and outside the Consumer Electronics Show to build EVs. Geely and Foxconn just announced such a venture. Magna and Apple supplier Foxconn say they’ll get together to build EV components. Did somebody say Apple car? There was a move at this week’s virtual Consumer Electronic Show that could help usher such a project along more quickly, especially if Apple—or any other company for...