Pantech, LG Uplus suspend talks on price cut
Seoul - Yonhap
Pantech Co., South Korea's smallest smartphone manufacturer, said Wednesday it is giving up on talks with a local carrier on slashing the factory price of its smartphones, less than a week after the carrier unilaterally announced it was lowering the price tag. "We have given up on a deal for lowering the price (of the Vega Secret Up), as there has been no progress with LG Uplus on the matter," a Pantech official said.
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