LG Electronics Inc. has announced that it is shutting down its mobile business unit worldwide, after recording total losses of about $4.5bn in almost six years.
The company said the wind down of the mobile phone business was expected to be completed by July 31 although inventory of some existing models might still be available after that.
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Nnnnnooooooo!!!!
Nokia to follow..
LG phone are too expensive. Compared to others
Samsung and iPhone remain the monopolizers there so I'm really not surprised.
Shinko chased them out
They should focus on Cooler and Food flasks.🤣😅
It’s not easy in the smartphones world.
News 3days ago