LG and Vingroup are moving away from their positions over economic differences, and LG is considering seeking other buyers for its wireless business.
Despite the siren calls surrounding the LG Rollable, the latest rollable móvil inteligente model in its development, it seems so The South Koreans are not too sure of their continuity in the mobile industryand these are the strategic changes announced at the end of 2020 that now come with it the opportunity to sell LG Mobile for a Vietnamese group.
In fact, there is talk of LG exiting the móvil inteligente market just in case Negotiations with the Vietnamese conglomerate Vingroup Recent differences between the two companies have fizzled out.
The LG Wing, one of the biggest “innovations” of 2020.
Yes effective Vingroup should sound like youand that it’s the company behind the very cheap VSmart phones, briefly sold in Spain and later also bought by BQ, only to later let it die in the bouquet of an industry that eats anyone who stops.
Everything seems to indicate that the return offered by the Spanish company did not make the owners of Vingroup very happy, what They are now considering buying a brand with more standing in the industry like LGto make an investment that will allow them to entrar this complex market part of the way they have already travelled.
Vingroup and LG have already started talks, but the deal now seems a long way off
South Korean sources, The Korean Time for example, from which they also drink the released information Central Androidpoint for that LG would still be looking for buyers for its mobile divisionand while the deal with Vingroup seemed the closest, the differences are clearer among the Vietnamese in the course of the negotiations.
Some even dare to say so the talks between Vingroup and LG would be completely broken off for key details of the operation, including the including or excluding LG factories in Vietnam and Brazil, as well as the high transaction price which Vingroup would not be willing to accept anyway.
According to sources close to LG itself, this is the most likely the South Korean manufacturer is looking for another buyer for LG Mobile, although they were not included to make it cheaper to operate its overseas factories, possibly dedicated to the manufacture of electrical appliances and other products.
LG Mobile has a high price that Vingroup is not willing to accept, not even the factories in Brazil and Vietnam. So, according to South Korean media, LG could study to find other buyers, or simply stop making teléfonos inteligentes and focus on other markets.
This would be LG’s first mobile roll-up and certainly the first to hit the market.
In fact, they even complete this information with explanations LG’s business flexibility and its facilities toosimply This would allow the South Korean company to stop producing teléfonos inteligentes refocus its factories to assemble other products, whether or not a buyer is found for the mobile division.
About the LG rollableWe perro tell you that the published reports would agree the possibility of LG canceling the project indefinitelyalthough there are spokespersons from the manufacturer This suspension was also rejected and the industry is still waiting for the first LG Rollable and the successor to the V60 ThinQ, which is also currently in limbo.
It would certainly not be good news. lose in the market to electronics giants like LGthat he hit the button in the last exercises He has already shown us that he knows how to make teléfonos inteligentes of the highest quality, including the first with a 3D panel, the first with a maleable OLED panel or the first modular mobile … What do you think of the news?