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[이코노믹리뷰=박정훈 기자] Vingroup, which runs Vietnam’s electronics company Vinsmart, has issued corporate bonds for additional investment in the mobile phone business. On the other hand, the electronics industry has analyzed that it is preparing for the acquisition of LG Electronics’ MC (smartphone) division, which is expected to be sold soon.
Marketscreener, a media that delivers business news from major global companies, said on the 25th (local time), “Vietnam’s Vinh Group is VND7 trillion (about $30.6 million, about 3646 Korean won) to expand its mobile and smart phone business. (Vingroup, Vietnam’s biggest listed company, is seeking to raise 7 trillion dong ($303.6 million) through issue of domestic bonds this year to fuel its automobile and smartphone units, the company said in a statement)” Reported.
Until now, Bean Group has been mentioned as the most promising candidate to take over the MC division of LG Electronics, which has recently been proposed for sale. LG Electronics has not yet come up with an official position on the future direction of the MC division, but the Bean Group has continued to move with LG Electronics’ smartphone division in mind. In the meantime, with the issuance of corporate bonds that clearly stated the purpose of’to expand the smartphone business’, Bean Group expressed its will to acquire LG Electronics’ MC division in the future.
An official in the electronics industry said, “Bin Group was particularly interested in Korean companies. With this issuance of corporate bonds, it can be seen that the Bin Group is in fact ready to take over the MC division of LG Electronics.”
Meanwhile, LG Electronics said, “We will open up many possibilities and explore future directions for our MC division.”
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