LG considering all options for loss-making mobiles
South Korea's LG considering all options for loss-making mobiles LG said it had reorganised its mobile phone division to increase outsourcing of its low to mid-end smartphones Reuters January 21, 2021 A man walks past an LG logo at the Mobile World Congress in Barcelona, Spain, February 27, 2018. PHOTO: REUTERS SEOUL: 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. Shares in LG closed up 12.8%, against a rise of 0.7% in the...