Home FEATURED Report: LG considers shutting down cell division after sale talks fall by...

Report: LG considers shutting down cell division after sale talks fall by means of

58
0



There have been a string of stories that LG is quitting the smartphone enterprise or not less than scaling it again. To this point, every has been adopted by the corporate denying such claims. Korean publication dongA provides one other such report (citing an trade insider) and it sounds just like the worst case situation is the probably end result.

LG was reportedly in talks with Vingroup in addition to Volkswagen as potential consumers for the corporate’s cell enterprise. Negotiations on each fronts has failed, stories the publication – with round 1% world market, the asking value was simply too excessive.

This leaves one choice…

LEAVE A REPLY

Please enter your comment!
Please enter your name here