There have been rumors in the media for some time that LG seriously thinks about selling its mobile department. This is a department that brings losses to LG, so it is difficult to predict what the future of this department is. According to the latest information, talks regarding the sale of this department ended in a fiasco, but this doesn't mean that the mobile department will work without major changes. LG Mobile is likely to face a big changes.
Journalists report that LG plans to announce its plans for the mobile department on 5th of April. We do not know exactly what will be announced on that day, but it is very doubtful that LG will now decide to close its mobile department. A very realistic scenario is that the mobile department will see a significant restructuring - some employees would be transferred to other departments, with the household appliances department at the forefront. However, we will have to wait a while for official information in this matter.