Source: South China Morning PostSouth Korea’s LG Electronics said on Monday it will wind down its loss-making mobile division – a move that is set to make it the first major smartphone brand to completely withdraw from the market.Its decision to pull out will leave its 10 per cent share in North America, where it is the No 3 brand, to be gobbled up by smartphone titans Apple and Samsung Electronics.The division has logged nearly six years of losses totalling some US$4.5 billion, and dropping out of the fiercely competitive…Read More