Mobile unit generated $4.5 bn loss in 23 quarters, considering all options: LG
LG Electronics on Wednesday said it is considering all options for its mobile phone unit. It has generated losses for 23 consecutive quarters amounting to 5 trillion won ($4.5 billion) amid stiff competition, it added. "We have reached the point where we need to make the best decision about our mobile phone business, considering current and future competitiveness," LG said.