SEOUL, March 22 (Korea Bizwire) — LG Electronics Inc. is still mulling the fate of its money-losing mobile business, industry insiders said Monday, amid rumors that the South Korean tech giant may shut down the unit instead of selling it. In January, LG announced its mobile communications division is open to “all possibilities” for its [...]
SEOUL, Dec. 16 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it plans to expand its foldable smartphone lineup next year and hinted that stylus support may be available to more Galaxy devices as the South Korean tech giant revealed its mobile business goals for 2021. Roh Tae-moon, who heads Samsung’s mobile communications business, said [...]
SEOUL, Dec. 10 (Korea Bizwire) — The CEO of LG Electronics Inc. vowed Thursday to improve the company’s mobile communications business next year amid the pandemic. Kwon Bong-seok said South Korea’s No. 2 tech firm is “working hard” to create a turnaround in its struggling mobile business. “We are improving by reinforcing our cost competitiveness, [...]