LG’s mobile device unit spared no damage for six years. With the extension of the damage process, rumors about the fate of the unit grew more and more. LG has finally made its final decision, according to a new report in South Korean media.
The Korea Times newspaper reported that LG will shut down its mobile device. It has been said that the company will make the announcement next week, and it has been claimed that LG will re-evaluate the issue of completely shutting down the mobile unit at its board meeting on April 5.
It has also been mentioned that LG is considering the possibility of selling the smartphone unit. It is also one of the accusations in The Korea Times report that the company negotiated in this direction but decided to shut it down because it could not reach an agreement.
In a previous statement from LG, it was confirmed that options such as full sale, partial sale and closure were being evaluated for the mobile device unit. Since the beginning of the week, news has also been circulating about the relocation of employees working in the mobile device unit to LG’s home products units.
It is necessary to wait for Monday to hear the final word on the future of LG’s mobile unit.