LG might stop producing LG smartphones. The company has huge problems with selling their products.

We don't have good information for LG fans. As it turns out the company wants to sell their smartphone department.

If you believe the rumors, LG has already tried to sell their department to Vingroup and Volkswagen. However the price given by LG was too high and the contract wasn't signed.

It is tough to watch such a great company having so many problems.

LG claims that all of the problems are caused by an aggresive strategy used by Chinese smartphone producers, which offer their roducts for a very small price.

We must wait a bit longer to find out how it all works out for LG, cause right now it doesn't look too good.