Local time on April 5 morning, korea LG electron holds council, announce formally to quit professional work of its mobile phone.
LG electron expresses, be faced with continuously the industry competition of aggravate and outstanding achievement glide, the company will reform business structure, will in-house resource undertakes more efficient use, concentrated force is measured at core business. Before this, LG electron ever announced on January 20 this year, business of judgement oneself mobile phone now and the turn that the competition ability in the future makes optimal choice has come, company interior is talking the way of prospective business operation. Accordingly, the outside guesses LG company will announce business of cut mobile phone possibly before long, exit mobile phone market.
Since LG electron entered mobile phone market 1995 oneself, ever rolled out much money popularity temporarily mobile phone product, the market is had rate more the position of before holding the whole world for a time 3. But subsequently LG product falls into disuse in intense market competition gradually, from 2015 the 2nd quarter begins to come the four seasons was spent 2020, appear successive the deficit of 23 quarters, specified number of accumulative total deficit already amounted to 29.1 billion yuan of RMBs. (Tang Xin of total stage reporter)
(edit Dai Genhua)
