'They’re not good in any industry they have to compete in or have to be innovative in. They can buy and they can copy, like they just did the other day, again, with another thing. What did they borrow from? From Clubhouse or whatever. They just can’t .
LG Electronics said Monday that its board decided to terminate the company's loss-making smartphone business, with analysts saying focus is now expected to shift to the more profitable home appliance and TV divisions. Source: LG Electronics to end loss-making .