LG Electronics may close its mobile operations instead of selling, according to Donga Ilbo Donga Ilbo, quoting sources in the electronics industry.
According to Arab Net, negotiations with Volkswagen German, and Vingroup Vingroup JSC on possible sales for smartphones seem to have failed, according to Bloomberg, and Arabic.
The LG CEO, said in January that all options were required for losing operations.
As Sources reported that the company stopped the development of folding television phones, Dunga said on Sunday that LG had stopped plot in the first half of all new smartphones.
The Dunga report said that its decision on the fate of work with staff as soon as possible in early April.
