Monday, April 5, 2021

SKorea’s LG to exit loss-making mobile phone business


SEOUL, South Korea (AP) — South Korean electronics maker LG said Monday it is getting out of its loss-making mobile phone business to focus on electric vehicle components, robotics, artificial intelligence and other products and services. LG’s board approved the shift in strategy and the company expects to fully exit the mobile phone business by […]

source https://www.seattletimes.com/business/skoreas-lg-to-exit-loss-making-mobile-phone-business/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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