LG is looking to shut down its mobile phone arm, Korean news site DongA reported over the weekend. The business would be shuttered instead of being sold off, the report said, citing an unnamed source, who said negotiations of a sale to Volkswagen and Vingroup JSC have stalled.
It follows a report in January from The Korea Herald that CES 2021.despite having just premiered its at
LG in February then denied reports it was phones in the first half of 2021. The hugely competitive , Oppo and Huawei, with on the market and ., the LG Rollable, but DongA reported Sunday that LG has cancelled its plan to launch the rollable
LG didn’t immediately respond to a request for comment.