Categories: Devices

Analysis: LG on mute as mobile phone losses mount

Posted on 26 August 2011 by Reily Gregson. Tags: , , , , , ,

Reuters | August 26, 2011 | Miyoung Kim, Anshuman Daga

South Korea’s LG Electronics hasn’t been so smart with its smartphone business. Its mobile phone division has suffered five consecutive quarterly losses, cutthroat competition is pressuring it to overhaul the business and its shares have plummeted.

Read the full article here via Reuters


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