Technology
LG Look To Ditch Smartphones – ChannelNews
LG is considering exiting the smartphone market completely in 2021 after losing approximately $4.5 billion ($A5.8bn) over the last five years, according to reports….
LG is considering exiting the smartphone market completely in 2021 after losing approximately $4.5 billion ($A5.8bn) over the last five years, according to reports.
As per reports in The Korea Herald, LG CEO Kwon Bong-seok notified employees via an internal memo that the company is making big changes to its smartphone business.
LG confirmed the memo was genuine and told the publication in a statement: Since the competition in the global market for mobile devices is getting fiercer, it is about time…
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