/ / / New report suggests LG could exit flagship smartphone market

New report suggests LG could exit flagship smartphone market

LG’s Mobile Communications division has reported 23 consecutive quarters of losses and, despite , a complete shutdown was said to be on the table last week.

Those rumors were quickly shut down by the brand when contacted for a comment, but now additional reports suggest  does indeed have some important changes in the pipeline for its business. 
LG could exit the premium smartphone segment
In a statement sent to staff this morning, quotes LG CEO Brian Kwon as saying the following: 

In the global market, competition in the mobile ...

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