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”.
Second, LG says this means it will have the freedom to focus resources on areas of growth, citing a whole list of sectors where its brand is in a better position: “electric vehicle components, connected devices, smart homes, robots, artificial intelligence, and business.” Business solutions, platforms and services.
In the statement, LG revealed that it will “leverage its mobile expertise and advance mobility-related technologies such as 6G” just as most people get. 5G phones.
What will happen to current LG phones?
The good news is if you own an LG phone or want to buy one – say LG V60 or LG Velvet – You will be covered. Existing stock LG phones will still be for sale in stores and online, and service and software updates will continue to be supported for existing LG phone customers. There won’t be any new LG smartphones in the future.
LG says its mobile phone business is expected to end by July 31, although you will still be able to purchase an LG phone after this date.
Take a look 5 Truly Wild LG Phones Innovations – And Why They Failed. It was a company that often pushed the smartphone envelope – better selfie cameras (LG V10), And focus on the Ultra Wide Camera before many others (LG G6(And innovative camcorder controls that were eventually copied by others)LG V30).
But it doesn’t always go in the right direction for communicating with customers – it has tried innovations like modular phones (LG G5Flexible screens (LG G Flex 2), Their skin backs (LG G4), Extraneous motion sensors (LG G8(And dual screens)LG G8XLukewarm.
Nor has it ever had the competitive strength to offer better rates across carriers in key regions like the United States, when Samsung and Apple consistently outdid them in bargains. LG phones started in the 2000s with very popular phones like LG G2But in the end, its phones couldn’t stand out in the crowd – and experiences like LG Wing 5G Or dual screen on the LG G8X /LG V60 Just did not attract consumers in like Foldable phones.
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