LG Considering Exit From Smartphone Business, Halts LCD Production for iPhone

MacRumors
By Hartley CharltonJan 20, 2021, 8:38 am404 pts
LG is considering exiting the smartphone business entirely amid declining shipments and accrued losses of $4.5 billion over the past five years (via The Korea Herald). LG CEO Kwon Bong-Seok cautioned staff earlier today that the company is re-evaluating its presence in the smartphone industry: Since the…

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