LG Electronics’ Corporate Value to Improve with Mobile Biz Restructuring – The Korea Bizwire

This image provided by LG Electronics Inc. on Jan. 11, 2021, shows LGs new smartphone with a rollable display that was introduced at the companys press conference for CES 2021. SEOUL, Jan. 23 (Korea Bizwire) LG Electronics Inc. can improve its corporate value by restructuring its money-losing mobile business, analysts here said Saturday, as the…

Time to let zombie businesses die – The Australian Financial Review

“The insolvency moratorium created longer-term risks by propping up zombie businesses, putting creditors at significant disadvantage, and threatening the future of viable businesses,” Mr Dale said. “That created an environment where businesses were racking up debt with an inability to pay it. That was never the appropriate business environment to carry into 2021.” Since the…

LG can boost its corporate value by restructuring mobile biz – Zee Business

LG Electronics can improve its corporate value by restructuring its money-losing mobile business, analysts here said on Saturday, as the South Korean tech giant can better focus on its future growth engines for the post-pandemic era. LG Electronics on Wednesday announced that its mobile communications (MC) unit is open to “every possibility” for its future…