LG announces the shutdown of its smartphone business

LG announced the shutdown of its mobile business unit on Monday. LG said that the closure of the smartphone business would allow it to focus on areas such as electric…

LG may shut smartphone business soon: Reports

According to DongA Ilbo, LG Electronics Inc. can close its mobile communication business. The company attempted to sell the unit, but negotiations with Volkswagen of Germany and Vingroup JSC of…