Auto Components News

One-Time Pioneer LG Electronics to Close Smartphone Business


What Bloomberg Intelligence says

LG Electronics may position itself as an electric-vehicle component solutions provider, boosting its appeal to tech giants such as Apple, and also to traditional automakers aspiring to make ‘smart’ EVs. Narrowing losses at its vehicle-components unit, to 2 billion won in the latest quarter, is a sign that it’s on track to a turnaround.

– Kevin Kim and Catherine Lim, BI analysts

Click here for the full research.


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