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Author Topic: LG says reports of a TV business exit are completely ‘baseless’ (Updated)  (Read 8 times)

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Offline guruslodge

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LG says reports of a TV business exit are completely ‘baseless’ (Updated)
« on: May 30, 2026, 07:34:14 PM »
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LG says reports of a TV business exit are completely ‘baseless’ (Updated)


LG 4K True Wireless QNED TV (1 of 1)




Credit: C. Scott Brown / Android Authority




TL;DR

  • A new report claimed that LG is discussing selling its TV business to Hisense.

  • The report stated that the company was considering the move because of weak profits and growing competition from Chinese TV brands.

  • LG has now strongly denied these claims, calling them “entirely speculative and misleading.”



Update: May 28, 2026 (7:28 AM ET): LG has now strongly denied the report that it is shutting down its television business or selling it to Hisense.


Source: LG says reports of a TV business exit are completely ‘baseless’ (Updated)

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