[Photo] LG Electronics to End Mobile Phone Business in July
![[Photo] LG Electronics to End Mobile Phone Business in July](http://www.asiae.co.kr/news/img_view.htm?img=2021040208423962240_1617320559.jpg)
LG Electronics will end its mobile phone business, which it has led for 26 years since 1995, as of July 31. On the 5th, LG Electronics announced through a board resolution that it will cease operations of its Mobile Communications (MC) division, which operates the smartphone business. The MC division's sales amounted to 5.2171 trillion KRW in 2020, accounting for 8.2% of the company's total sales. The photo shows the LG Twin Towers in Yeouido, Seoul, where LG Electronics' headquarters is located. /Reporter Mun Honam munonam@
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