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LG Electronics To Stop Smartphone Making Business Due To Losses

LG Electronics To Stop Smartphone Making Business Due To Losses

Earlier today, LG Electronics said it would close down its smartphone business that has only amounted to more losses than profits. In January, the South Korean tech giant said it looked at all options for the division after six years of losses totalling $4.5bn. The company had made large innovations in terms of smartphone development, some of them including ultra-wide-angle ...

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