LG has officially stopped making phones – here’s what’s next

LG has officially stopped making phones - here's what's next

LG has officially stopped manufacturing phones today, according to an official press release, so we will not see new LG smartphones in 2021. This announcement will not surprise anyone in the mobile field, as this step was Rumored For several weeks.

This means two things. First, we won’t see phones like the LG V70 ThinQ, LG G10, or LG Velvet 2, as the company shuts down its entire mobile business unit. We probably won’t see a file LG rollable The company teased at CES 2021 Which has been confirmed will be released in 2021 as well. LG describes the move as “a strategic decision to exit the incredibly competitive mobile sector”.

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