LG’s Phone Battle: Sale or Shut‑Down?
Short rundown: LG’s smartphone arm is on thin ice. Analysts say if a buyer can’t be found soon, the company might just quit the market entirely.
What’s the real story?
- Sources tell Korean Herald that LG opened doors to a bunch of potential buyers, but the negotiations feel like a slow‑moving traffic jam.
- “If it’s not smooth, we’ll keep looking… or we might walk away,” the tech world is watching.
CEO’s candid memo
In January, CEO Kwon Bong‑seok sent an internal note that shook the office:
- “It’s time to make a cold judgement and pick the best path.”
- He warned that the company might do anything: sell the entire line, pull back, or trim the smartphone squad.
Flagship… on pause?
That shiny new flagship gadget? Yeah, the launch has been put on hold, according to insiders.
The big takeaway
LG’s phone story is a classic “sell it or drop it” plot. Stay tuned—either a snappy deal or a dramatic exit could be around the corner.
