Vingroup would be best positioned to buy LG’s wireless business.
As we’ve previously been informed, Korean manufacturer LG is considering exiting the móvil inteligente market after 6 straight years of losses, and one of the ways to do so is by selling its mobile division.
Today we already know one of the potential buyers of the LG móvil division: wine groupa Vietnamese group that bought 51% of the capital of the Spanish manufacturer BQ a few years ago.
Vingroup would be in a privileged position to buy LG’s móvil inteligente division
the boys out bag now Echoing a report published by the Korea Business Trade Media in which it is mentioned that the Vietnamese group Vingroup would be interested in taking over LG’s mobile phone division.
According to the same report, LG’s director ejecutivo said: Kwon Bong Seokafter sending a message to all his employees informing them that a a major change in the operation of its mobile division.
This important change, which the LG representative refers to, is possible Sale, Withdrawal or Reduction Your mobile phone division and in each of these cases around the 60% of the employees in this area would be transferred to other divisions or that they would be part of the Conradh na Gaeilge team one of LG’s subsidiaries.
According to the report prepared by Bussiness Korea, LG has already received several offers from different business groups to buy its móvil inteligente division and it is one of the best to buy it. Vingroup, the largest business conglomerate in Vietnam.
Vingroup is currently the third largest mobile phone manufacturer in Vietnam after Samsung Electronics and OPPO and according to the Bussiness Korea report, he would be interested in buying LG’s móvil division Korean manufacturer’s market share in the United States, which is 12.9%.
The Vietnamese group is the best place because it presents itself the most competitive offer among all the companies deciding to buy LG’s móvil division.
It seems that in a short time everything points to a Korean manufacturer It will distance itself from its mobile division in one way or another although it recently unveiled its first rollable terminal, the LG Rollable.