LG Electronics says it is terminating its smartphone business, which has lost money for years (Kim Jaewon/Nikkei Asia)

Kim Jaewon / Nikkei Asia:
LG Electronics says it is terminating its smartphone business, which has lost money for years  —  South Korea group faced lack of in-house chip supply and rise of Chinese rivals  —  SEOUL — LG Electronics said Monday that its board decided to terminate the company's loss-making smartphone business …