According to reports, LG has flatly denied a report claiming that it plans to sell its TV business to China's Hisense, much as Sony recently sold its own TV division to TCL.
The original report was posted on South Korean website EBN and titled, "LG Electronics to shut down its 'problematic' TV business? Discusses sale with China's Hisense." The story has since been taken down, while reports of a denial by LG of the entire story have emerged.
However, at this stage, it does not seem that LG has made an official statement of its own or spoken with a major news outlet. So, what to make of this mess?
First, the part of LG that sells TVs is quite separate from that which produces display panels, such as...
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