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48

Nobody wants to buy LG's phone business

Nobody wants to buy LG's phone business

LG's continued existence in the world of Android is looking less and less certain by the day. Despite hinting at signs of life after its LG Rollable passed through Bluetooth certification last week, new reports suggest that LG might still leave the smartphone industry entirely by shutting down its mobile division altogether.

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11

LG discussing sale of smartphone business to Vietnamese conglomerate Vingroup

LG discussing sale of smartphone business to Vietnamese conglomerate Vingroup

Not too long ago, Reuters reported that LG was looking to outsource some of its smartphone business, particularly when it comes to low-end devices. Now a rumor has popped up that the company is looking to sell its smartphone business altogether, courtesy of Korean outlet TheElec. However, LG's global communicator Ken Hong confirmed to us that there's absolutely nothing to these rumors.

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