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Message: <blockquote data-quote="SLBlackKnight" data-source="post: 26236607" data-attributes="member: 308134">[ATTACH=full]117326[/ATTACH]<a href="https://indianexpress.com/about/lg-electronics/" target="_blank">LG Electronics</a> Inc. may shutter its mobile communication business rather than sell it, DongA Ilbo <a href="https://www.donga.com/news/article/all/20210321/106003359/1" target="_blank">reports</a>, citing an unidentified person in the electronics industry.Negotiations with Germany’s Volkswagen AG and Vietnam’s Vingroup JSC on a possible sale of the smartphone business seemed to have failed, according to the report.LG Electronics’ CEO said in January that all options were on the table for the loss-making operation.The company was said to have halted development last month of phones with a rollable display, and DongA said Sunday that LG has shelved a planned first-half rollout of all new smartphones.LG may share its decision on the business’ fate with employees as soon as early April, the DongA report said.Source: Bloomberg</blockquote>

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