LG is considering leaving the smartphone business - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Wednesday 20 January 2021

LG is considering leaving the smartphone business


LG shipped 6.5 million smartphones in Q3 2020, down 7.2 million compared to the same quarter a year earlier. With the group losing about 5 trillion won ($4.5 billion) across the last five years and holding just a two percent global market share, CEO Kwon Bong-seok has advised staff in...

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