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  • LG is having a tough time selling its smartphone business

    1 day ago - By Android Central

    Talks with a Vietnamese conglomerate have broken down over price differences.
    What you need to know
    Reports indicate that LG has yet to find a buyer for its smartphone business.
    LG was in talks to sell the business to Vingroup, but price differences were too great.
    The company maintains that it will launch its rollable phone this year, despite rumors indicating otherwise.
    Things are not looking good for LG. The company's mobile division has been a weak link for the past six years, unable to compete with some of the best Android phones on the market. Now looks like it's having trouble...
    Read more ...

     

  • LG still hasn't found a buyer for its smartphone business

    LG still hasn't found a buyer for its smartphone business

    1 day ago - By Phone Arena

    LG announced last month that all options were on the table for its smartphone business,. The brand was reportedly in talks with several companies at the time, but one of the most prominent bidders has since pulled out.
    LG has ended talks with VinGroup over the price
    South Korean news outlet Korea Times that LG and Vietnam-based VinGroup have ended their discussions about a partial sale of the LG Mobile Communications division after around a month of talks.
    Sources familiar with the situation claim VinGroup offered a lower price than first expected, so has now decided to move on and ...
    Read more ...