Samsung Reinforcing Supply Chain in Asia to Expand Production

Over the coarse of the pandemic, there has been an increased demand among consumers for electronic products, particularly Samsung products. In an effort to meet demand requests, the Korean tech giant plans to enlarge production lines and build more manufacturing plants in Pakistan, as well hire more workers.

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LG Closing Smartphone Business

South Korean electronics giant LG announced earlier this month, it was closing its smartphone business after facing years of cumulated losses. This announcement comes a few months after the company said that it was considering various options for its mobile division. The mobile division accumulated losses totaling $4.5 billion in the last six years

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