In last few years, smartphone industry development of China is rapid, emerge in large numbers goes out one large quantities of resembling China for, the preeminent company of millet, OPPO, however mobile phone enterprise of the foreign country passes more and more afflictively however in China, already many enterprises exited Chinese market, also have many returning struggling hard. The condition of company of Korea mobile phone that is in China is most miserable intense, the first tycoon has planned Korea close stop in China last factory, adumbrative move wants evacuate China. Still have company of our quite familiar also Korea mobile phone -- LG also escapes to flee nevertheless Chinese destiny. LG is going year of the beginning of the year when had announced to exit China in the round. Actually, LG is in early entered Chinese market 1993, the LG in those days is full of lofty aspirations and great ideals, situation the period that belongs to oneself should be initiated in China. At the beginning of this century, LG is the whole world for a time manufacturer of the 3rd old mobile phone, be in China merely, LG year sell 600 thousand, impetus is extremely feral. Arrived nevertheless 2010, the smartphone begins the 3G of our country erupt, be in China like the enterprise such as apple, SamSung market take cities and seize territory, homebred mobile phone also is greeted rise abruptly, and LG is not worth because of technology and ability, lack enough and powerful competition ability, bring about him scene no longer, from now on the mobile phone business of LG begins downhill. End 2019 first quarter, business of LG mobile phone is already successive deficit 15 quarters! According to GSMArena report, LG mobile business is already successive 15 quarters loss, total deficit restrains 2.5 billion dollar. What make a person accident nevertheless is, the mobile phone business of LG although anaemia, but rely on to sold a building to earn brushstroke greatly however finally. On July 13, disclose according to Korea media, LG is planning to sell the LG Gemini large building that is located in Chinese Beijing center, sell the price is 1.5 trillion Han about yuan, it is 8.8 billion RMB about. And when building this mansion at that time, LG spent 400 million dollar only (add up to a RMB about 3 billion yuan of) , that is to say LG relies on to sell a building with respect to net 5.8 billion.