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LG said Vietnam provides an "abundant labor force" and that 750 workers at its South Korean handset factory would be relocated to its home appliance plant. On 5 April 2021, LG announced its withdrawal from the phone manufacturing industry after continuous loss in the market. In 2020, LG faced a loss of 5 trillion won (US$4.4 billion). [20] [21 ...
Hitachi-LG Data Storage (HLDS, HL-DT-ST or H-L Data Storage), a 51-49 joint venture between Hitachi, Ltd. and LG Electronics, [2] is a manufacturer of DVD and Blu-ray optical disc drives [3] for desktop computers and laptops.
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