LG might leave the smartphone market

LG K Series models Credit: LG

LG CEO Kwon Bong-seok sent an internal memo to employees on Wednesday saying that "it’s about time" for the company to take a hard look at things and possibly make "the best choice."

"Since the competition in the global market for mobile devices is getting fiercer, it is about time for LG to make a cold judgment and the best choice," an LG official told the Korea Herald. "The company is considering all possible measures, including sale, withdrawal, and downsizing of the smartphone business."

Sources: Content Sources

Source: arstechnica.com

Source: koreaherald.com

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Érico Andrei

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Co-founder of Pendect, passionate about open source and knowledge sharing. Made in Mooca.

Card reviewed by: @ash

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South Korea

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LG Electronics

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