LG is thinking about exiting the smartphone business
(Android Police)

An internal memo being circulated has been confirmed as genuine by LG Update LG`s life may not be as good as it was letting on. An internal memo from CEO Kwon Bong-seok, circulated by The Korea Herald, states that, `Regardless of any Not too long ago, Reuters reported that LG was looking to outsource some of its smartphone business, particularly when it comes to low-end devices. Now a rumor has popped up that the company is looking to sell its smartphone business altogether, courtesy of Korean outlet TheElec. Read More LG is thinking about exiting the smartphone business was written by the awesome team at Android Police.