Tuesday 23 February 2021

LG still hasn't found a buyer for its smartphone business

LG announced last month that all options were on the table for its smartphone business, . The brand was reportedly in talks with several companies at the time, but one of the most prominent bidders has since pulled out.
LG has ended talks with VinGroup over the price
South Korean news outlet Korea Times that LG and Vietnam-based VinGroup have ended their discussions about a partial sale of the LG Mobile Communications division after around a month of talks.

Sources familiar with the situation claim VinGroup offered a lower price than first expected, so has now decided to move on and ...

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