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LG WITHDRAWS FROM THE MARKET OF SMARTPHONE PRODUCERS

LG has announced the end of smartphone production. The fact is that the market has faced a high level of competition. Moreover, the activity has become unprofitable. The last LG smartphone will be released on July 31, 2021 - after that production will be stopped, but the devices will be on sale for some time. The company believes that the measure will improve their overall financial condition. At first, the revenues will decrease slightly, but in the future, the withdrawal from the market of smartphones...

Modified: 04.05.2021
LG , smartphone , closure , production , cutback , mobile phone
Path: РусБанкрот - СМИ
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