SEOUL -- Samsung Electronics stands to be a winner -- though not the sole one -- in the key U.S. smartphone market after LG Electronics' decision to stop making and selling the devices, analysts say, citing advantages including use of the same operating system and diverse product lineup.
LG announced on Monday that it will wind down its smartphone operations by the end of July after years of mounting losses. The Seoul-based company will instead focus on sectors including artificial intelligence, robotics and 6G telecommunications technology along with its mainstay home appliances and televisions.
