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LG considers leaving the mobile business – Engadget

LG’s CEO says that it’s time to make a ‘cold judgment’ about the company’s ailing mobile division.

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Naturally, LG has also been showing off its rollable phone, which was expected to debut at some point this year. That, however, is likely to sit in the ultra-premium tier, and may not be enough to reverse LG’s ever-dwindling market-share which StatCounter said had fallen to 1.7 percent in December 2020. That same month, LG announced that it would outsource the design and construction of its low-end phones to third-party ODM manufacturers. 
In his message to employees, Kwon reportedly said that some…

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