Report: LG to exit mobile business after all

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An LG Electronics official commented that the company is considering several strategies for its mobile business including selling off the entire division as well as a split sale and pulling out of the smartphone business entirely. In addition, rumors that LG Mobile employees will be relocated to the home appliances division began circulating on Twitter just a few days ago.

For now, all we can do is wait patiently for Monday’s board meeting to get the official stance on LG Mobile’s futureSource