LG CEO on if the company is exiting the smartphone business

South Korean Publication The Elec reported not too long ago that LG was going to exit the smartphone industry. The publication claimed that LG would announce the decision by the end of the month. It was also said that except for the LG Rollable, all development would be halted.
reached out to the South Korean company’s global communicator for consumer tech, Ken Hong to find out if there was any substance to the rumor. Here is what Ken had to say:
Completely false and without merit. I won’t even justify that rumor with a statement.
The …
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