LG suspends talks with Apple over iPhone sales in retail stores
LG recently suspended plans to sell Apple products such as iPhone devices at its Korean outlets, according to a new report.
In June, the South Korean company was reportedly in negotiations with Apple over a retail partnership. Now, however, he appears to have temporarily ended those talks after a local backlash.
Daily SME reports that LG ended the talks after the controversy aroused among small and medium-sized retailers, as well as among consumers. There is apparently “growing concern” that LG’s best store is suspending employee training for Apple sales.
The South Korean government has also placed an emphasis on competition, suggesting it is concerned about large retail partnerships threatening the livelihoods of small outlets in the wake of the COVID-19 pandemic. .
In addition, Samsung is said to be concerned about the potential cooperation between LG and Apple, which could threaten its leadership in its home market.
It’s unclear when – or if – negotiations between LG and Apple will resume.
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