Tag Archives: LG Electronics is discontinuing Smartphone manufacturing and distribution

LG Electronics is discontinuing Smartphone manufacturing and distribution

LG Electronics Inc. of South Korea announced plans to wind down its loss-making mobile division, making it the first big Smartphone brand to exit the market entirely. The decision to exit means that its 10% market share in North America, where it is the third most popular brand, will be devoured by Smartphone behemoths Apple […]