LG’s Mobile Fortunes ‘Highly Dependent’ on G6 Sales
SEOUL, May 29 (Korea Bizwire) — LG Electronics Inc. is likely to cut losses in its smartphone business in the coming months, but the company’s efforts to revive its mobile fortunes are “highly dependent” on sales of the flagship G6 smartphone, an assessment by an international ratings agency said Saturday. LG’s smartphone division has posted [...]