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Sunday, 4 April 2021

LG confirms it is shutting down its mobile phone business

After several rumours, LG today confirmed that it is closing its mobile phone business unit after it was approved by its board of directors. The company said that its 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 … Continue reading "LG confirms it is shutting down its mobile phone business"