#LG exits the smartphone business
Monday, 05 April, 2021, 13:08
LG Electronics Inc. said Monday it will withdraw from the mobile business after years of money-losing performance amid intensifying competition with bigger rivals.
The South Korean tech powerhouse said in a regulatory filing that its mobile communications (MC) unit will no longer produce and sell handsets after July 31, citing its long slump and fierce competition in the industry.
EU restrictive measures in response to the crisis in Ukraine28513.01.2022, 22:24
U.S. Senate Democrats unveil Russia sanctions bill to bolster Ukraine21313.01.2022, 12:24
France fines #Google and #Facebook 210 million euros47508.01.2022, 11:24
Elon Musk’s fortune exceeds $ 300 billion again36204.01.2022, 14:36
American Airlines cancels more than 1,000 flights over Halloween weekend93131.10.2021, 14:18
Lebanon in darkness as electricity grid shuts down98309.10.2021, 18:00
Grape growers from Ararat marz again blocked the roads (video)71309.09.2021, 14:06
World Bank Freezes Aid to Afghanistan68825.08.2021, 13:12