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LG phones could be dead — here’s why

It seems that LG has been attempting to sell its mobile phone division to little interest, and now the company may shut down the business altogether. 

According to a report from Bloomberg, as interpreted through a story by Korean publication DongA, LG was in talks with Volkswagen AG and Vingroup JSC of Vietnam for a potential sale. According to DongA, talks around a sale of its phone division have come to a close. This gives little confidence to the future of the LG rollable phone shown off at CES earlier this year.

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