LG denies reports of a TV business exit or Hisense deal
LG has refuted recent reports suggesting that it was planning to exit the TV manufacturing business and potentially offload it to a Chinese brand like Hisense. The company stated that such claims are "entirely speculative and misleading," following similar past reports about Sony and Panasonic's TV divisions. LG emphasized that these reports are "groundless" and it has no intention of forming a partnership with Hisense.
Key Takeaways
- LG said reports of a TV business exit are “entirely speculative and misleading.”
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