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"LG" halted the smart phone division after incurring losses

"LG" halted the smart phone division after incurring losses

South Korea's LG Electronics said on Monday that it will halt production and sales of its loss-making smartphone division.

"LG" halted the smart phone division after incurring losses


In January, LG announced that it is studying all options for this activity after it recorded losses totaling about $ 4.5 billion over nearly six years.

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