RIP LG

LG mobile has been shutting down instead of being sold off. LG has been in talks to sell its loss-making business. Companies like Vietnam’s Vingroup as well as Volkswagon were reportedly in talks of buying the smartphone business from LG. But negotiations on both fronts have failed because the asking price from LG was way too high. This left LG with nothing but one choice and that is to shut down their mobile division altogether.


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