Thursday 12 January 2012

LG in talks on phone partnerships: executive

LG Electronics Inc is engaged in talks with various parties on possible partnerships, the head of LG's mobile business said on Wednesday, as the world's No.3 handset maker seeks to turn around its struggling handset operation.


The South Korean firm, however, remains committed to its mobile business and does not have any plan to ditch the loss-making operation, Park Jong-seok, chief executive of LG's mobile communications business, told Reuters.

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