x

LG shifts its focus towards vehicle components, connected devices and AI: Report

Shortpedia

Content Team
Image Credit: shortpedia

Leaving its ill-fated mobile business behind, LG Electronics will zero in on bolstering promising sectors, like vehicle components, connected devices and artificial intelligence (AI), industry observers said on Monday, hoping that the segments will fill the hole left by its money-losing unit. LG decided to pull out from the mobile phone business after years of dismal performance.