LG Electronics to shut South Korean phone factory, move production to Vietnam

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LG Electronics to shut South Korean phone factory, move production to Vietnam
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LG Electronics Inc said on Thursday it would stop producing smartphones in South...

FILE PHOTO: People walk past an LG Electronics logo during the Mobile World Congress in Barcelona, Spain, Feb. 25, 2016. REUTERS/Albert Gea

Samsung Electronics Co Ltd, the world’s biggest smartphone maker, said late last year it would cease operations at one of its mobile phone plants in China.

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