Tag Archives: LG Electronics may shut mobile phone business soon

LG Electronics may shut mobile phone business soon

LG Electronics, a South Korean electronics giant, may soon close its mobile communication business after preliminary plans for sale fell through. LG’s talks with two potential buyers – Volkswagen AG of Germany and Vingroup JSC of Vietnam – about selling the smartphone business fell through. According to South Korea’s DongA Ilbo, LG is now more […]