Friday 29 January 2021

The future is gloomy for LG's smartphone business after another bad quarter and year

According to a fairly bleak official response to , the company is keeping all options on the table, considering everything from a mobile business sale to a significant downsizing of said department and a complete withdrawal from the increasingly competitive .

As you're probably well aware, LG Mobile has reached this dramatic point after registering more consecutive quarterly losses than you can count on the fingers and toes of one person, with 2020 naturally proving an even more challenging year than the ones that came before it.

Overall, LG ...

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