LG Electronics says it’s terminating its smartphone enterprise, which has misplaced cash for years (Kim Jaewon/Nikkei Asia)

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Kim Jaewon / Nikkei Asia:

LG Electronics says it’s terminating its smartphone enterprise, which has misplaced cash for years  —  South Korea group confronted lack of in-house chip provide and rise of Chinese language rivals  —  SEOUL — LG Electronics stated Monday that its board determined to terminate the corporate’s loss-making smartphone enterprise …





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