LG is reportedly stopping flagship smartphone production in Korea

The LG G8 ThinQ

LG’s smartphone business has been struggling for quite some time, but the company is still hopeful of turning a profit. At this point, a sudden uptake in smartphone sales seems unlikely so LG has recently focused on cost-cutting measures, one of which seems to be suspending smartphone production in its home country. 

As reported by the Yonhap News Agency (via Reuters), LG is planning to shift its current Korean smartphone production over to a plant in Vietnam with the objective of helping “turn around the money-losing ...

Source PhoneArena http://bit.ly/2UUaN48
via Seoandserver