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LG to stop producing mobile phones Share The South Korean smartphone manufacturer LG is set to exit the smartphone business as it struggles to compete in a market which is dominated by smartphone giants such Apple, Samsung and booming Chinese brands. In a statement issued by the company, the tech giant said it will shut down its mobile business unit by the end of July as it looks to focus on smart home products, an area where it is one of the biggest providers as well as electric vehicle components, robotics, artificial intelligence, business-to-business products and other connected devices. “LG’s strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services,” the company said in a statement.

South koreaSouth koreanBusiness solutions companyVehicle component solutionsHome applianceAir solutionHome entertainmentBusiness solutionsதெற்கு கொரியாதெற்கு கொரியன்வணிக தீர்வுகள் நிறுவனம்வாகனம் கூறு தீர்வுகள்வீடு சாதனம்அேக தீர்வுவீடு பொழுதுபோக்குவணிக தீர்வுகள்