• LG to Shut Down Smartphone Business

    18 days ago - By Mac Rumors

    After five grueling years of financial losses and uncertainty about the future of its mobile handsets, LG Electronics today announced its intention to shut down its smartphone division.
    In a press release, LG says the decision to shut down its smartphone business will allow it to focus on other sectors such as artificial intelligence, home computing, and business-to-business solutions.
    LG's strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes...
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  • It's A Sad Day, LG Confirms It's Shutting Down Its Smartphone Business

    It's A Sad Day, LG Confirms It's Shutting Down Its Smartphone Business

    18 days ago - By Android Headlines

    LG has just confirmed that it's shutting down its smartphone business. After several reports that surfaced regarding this in the last couple of months, LG has just confirmed the news via its official website.
    In that press release, the company confirmed that the decision has been approved by its board of directors. It is said that this decision will enable the company to focus its resources on growing other areas of the business.
    LG will focus on electric vehicle components, connected devices, smart homes, robotics, artificial intelligence , and business-to-business solutions, along with...
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