Samsung, LG, Vivo, Others Brace for Sale Crash As Lockdowns Dwindle Demand
Big electronic brands in India are bearing the brunt of the second COVID-19 wave as lockdowns and curbs around online selling lead to a crash in sales.
LG will reportedly announce closure of smartphone business on April 5
LG will announce that it will pull out of the smartphone market on April 5 after failing to turn a profit these past few years.