LG to finally sell iPhones at S Korean stores: Report
Seoul
28-July-2021

Photo:IANS
South Korean tech giant LG Electronics will begin selling Apple products like iPhones at its South Korean stores, the media reported on Wednesday.
"LG was initially met with resistance from local phone distributors over the plan, which considered it to be a violation of an agreement that prevented anti-competitive behaviour from LG and Samsung," the report said.
LG recently held a special promotion for iPhones, iPads and other Apple products on Lifecare, its online shopping mall for group employees.
This was reportedly the first time that the group offered mobile devices from another smartphone manufacturer for its employee purchase programme, reported Yonhap news agency.
LG currently has some 400 stores in the country. These stores had sold LG smartphones until the company announced it would exit from the smartphone business in April, this year.
Earlier, the South Korean company said in a regulatory filing that its mobile communications (MC) unit will no longer produce and sell handsets after July 31, citing a slump in business and fierce competition in the industry as the reasons behind the decision.
Watch This TWL Video
The announcement came two months after the company said its MC division is open to "all possibilities" for its future operations.-IANS
More Headlines
AI Cybersecurity Startup Neural Defend Raises $600K in Pre-Seed Round
Chennai Doctor and Family Found Dead Amid ₹5 Crore Business Loss
Karnataka Withdraws CID Probe in Ranya Rao Gold Smuggling Case
New Kerala Guv Strikes Cordial Tone, Hosts CM Vijayan And FM Sitharaman In Delhi
Digital Payments Surge in India: 18,120 Crore Transactions in FY24-25
AI Cybersecurity Startup Neural Defend Raises $600K in Pre-Seed Round
Chennai Doctor and Family Found Dead Amid ₹5 Crore Business Loss
Karnataka Withdraws CID Probe in Ranya Rao Gold Smuggling Case
New Kerala Guv Strikes Cordial Tone, Hosts CM Vijayan And FM Sitharaman In Delhi
Digital Payments Surge in India: 18,120 Crore Transactions in FY24-25