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LG is to close mobile phone global business – Gadgetguy.com.au

LG is to close its mobile phone business effective immediately. It wont affect current stock and contractual updates.

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LG is to close mobile phone global business. That means ceasing phone, design, manufacturing, and sales to focus on growth sectors, including Electric vehicles, IoT and B2Bb solutions
LGs strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, platforms and services.
Current LG phone…

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