LG might shutter smartphone business as plans to sell reportedly fall through – Android Authority

• LG may be planning to shut down its smartphone business.
• A new report suggests that the company’s attempts to sell its smartphone division have been unsuccessful.
• LG might convey its final decision to employees by next month.

LG Electronics may resort to closing down its smartphone business, Korean news agency DongA Ilbo reports (via Bloomberg).
The company was said to be in talks with Vietnams Vingroup JSC and Germanys Volkswagen AG to sell its smartphone division. However, those negotiations seem…

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