LG plans to outsource more of its low-end and mid-range phones
The in-house mobile team will focus on premium devices.
Restructuring
OnePlus downsizes European teams to focus on key markets
OnePlus doesn't seem to be doing that well in Europe.
Faraday Future founder files for Chapter 11 bankruptcy
The move is part of a larger restructuring plan, and it could prepare the startup for its IPO.
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LG Display's TV and phone screens struggle against cheaper Chinese rivals
The company replaced its CEO and is planning job cuts.
Faraday Future CEO will reportedly resign as part of restructuring plan
But will this help the company finally deliver its EV?
One of Apple's display suppliers is in dire financial trouble
It can't start making next-gen displays fast enough.
Nikon cancels DL compacts amid 'extraordinary' losses
As part of a fundamental restructuring, it's shedding 1,000 employees via voluntary retirement.
Toshiba to cut 6,800 jobs following accounting scandal
All the layoffs and a $4.5 billion loss come from its consumer electronics division.
