LG reportedly discussing the sale of its TV business to Hisense

[Redaktion]

After nearly 60 years in the television market, LG is reportedly considering selling its TV business to Chinese electronics giant Hisense. Driven by shrinking profits and intense competition from rival manufacturers, LG executives have allegedly met with Hisense in Beijing to discuss a potential sale.

https://www.notebookcheck.net/LG-reportedly-discussing-the-sale-of-its-TV-business-to-Hisense.1308550.0.html

[heffeque]

Less competition is never a good thing...

[true]

Less competition is never a good thing...

Wisely said.

I heard, there was a time when China was the world's no.1 inventor and maker for at least a few thousand years (obviously not of everything -- it's not quite as simple as that, but you get the point). Then, starting from approx. 1400s, Europe / West became a thing. Now we may be back to the first sentence.