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2021-04-28

LG Set to Exit from Smartphone Business Following Years of Losses, with Lower than 1% Market Share Projected for 2021, Says TrendForce

TrendForce’s investigations finds that LG manufactured merely 30.6 million smartphones last year, which represented a 2.4% market share. The Korean company took ninth place in the global ranking of smartphone brands by production volume in 2020. At the start of this year, LG began to consider eith...

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