SEOUL -- Next month will close one chapter and open another for LG Electronics as the South Korean company ends its money-losing smartphone business and starts an alliance in the fast-growing electric-vehicle supply chain.
South Korean manufacturer draws on appliance R&D for partnership with Canada's Magna
LG forecasts the vehicle components division to turn a profit for the first time in six years in 2021. © Reuters
SEOUL -- Next month will close one chapter and open another for LG Electronics as the South Korean company ends its money-losing smartphone business and starts an alliance in the fast-growing electric-vehicle supply chain.