https://apnews.com/eb75fa1e26016bc0e73fd608203c9e6a

SEOUL, South Korea (AP) — South Korean electronics maker LG said Monday it is getting out of its loss-making mobile phone business to focus on electric vehicle components, robotics, artificial intelligence and other products and services.

LG's board approved the shift in strategy and the company expects to fully exit the mobile phone business by the end of July, it said in a statement.