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LG mulling home appliance deals to fuel global expansion

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Published Mon, Jun 20, 2016 · 09:50 PM

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Seoul

LG Electronics Inc, with businesses spanning TVs to washing machines, is looking at home appliance acquisitions to fuel its global expansion and withstand a slowing smartphone market.

The company will probably focus on business-to-business targets, such as component makers, Jo Seong-Jin, president of LG's home appliance division, said.

LG Electronics

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