No, LG is not about to form a joint venture with Huawei
0. phoneArena 16 Dec 2013, 08:15 posted on
Rumors – tons of them are bombarding us from all sides on a daily basis. That's just the way things are. And while some of these do turn out to be accurate, a great fraction of the rumors we deal with turn out to be completely wrong. Here's one that falls into the latter category. Korean media is reporting that LG may form a joint venture with Huawei – a strategic move that should secure the Korean company's margins and boost its volume growth. This claim is based on words by a senior analyst who is seemingly familiar with LG's plans. LG, however, was quick to deny this...
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1. xperiaDROID (banned) (Posts: 5629; Member since: 08 Mar 2013)
Wow, where did that came from? lol
2. GeekMovement (Posts: 1868; Member since: 09 Sep 2011)
LG exiting the smartphone business? Are they mad?
3. DigitalJedi_X2 (banned) (Posts: 346; Member since: 30 Jan 2012)
PA put up an article not too long ago that had LG refuting the statements about it leaving the smartphone business. Did they forget they wrote that article?