Technology • Smartphones, Hardware & Gadgets

LG might leave the smartphone market

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."

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