South Korea's LG Electronics Inc said on Wednesday it needed to decide what to do with its loss-making mobile business and was considering all options.
The business had generated losses for 23 consecutive quarters amounting to about 5 trillion won amid"fierce" competition, the company said in a statement.LG Electronics shares leapt as much as 12per cent versus the broader market KOSPI's 0.7per cent rise as of 0628 GMT following the statement.
LG phones not bad one .... maybe they just need a change of brand , LG quite an old brand
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