LG confirms it may abandon smartphones

in DLIKE3 months ago


LG may exit the smartphone business, abandoning its fledgling rollable smartphone roadmap and recent oddball form-factors amid rising competition in the mobile space. Though still one of the better-known names in the cellphone space, the past few years have been a struggle for LG nonetheless, with the company racking up around $4.5 billion in losses for the division over the last five years.

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