LG Shakes Up Loss-making Phone Business, To Outsource Lower-end Models - Tech news daily

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Monday, 7 December 2020

LG Shakes Up Loss-making Phone Business, To Outsource Lower-end Models

LG Electronics said on Monday it had reorganised its mobile phone division to increase outsourcing of its low to midend smartphones, which analysts said represented an attempt to cut costs and compete with Chinese rivals.

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