LG says ‘NO’ to phones but ‘YES’ to… electric powertrains?
Soon LG phones will be a relic of the past, as the company announced in April that on July 31it will kill its mobile business worldwide. To compensate for its losses in the smartphone market, the South Korean company will turn to the profitable EV industry. But don’t expect an G- or V- EV series. LG will focus on what it knows best: electronics, only this time for auto parts....