According to the official press release, LG officially stopped production of mobile phones today, so we will not see new LG smartphones in 2021. This news will not reach anyone in the mobile field, because there are rumors that the move has been for several weeks. .
This means two things. First of all, we will not see the rumored LG V70 ThinQ, LG G10 or LG Velvet 2 phones, because the company is shutting down its entire mobile business unit. We may not see LG Rollable being ridiculed at CES 2021 and confirmed that it will be released in 2021. LG called the move “a strategic decision to withdraw from the highly competitive mobile phone industry.”
Secondly, LG stated that this will give it the freedom to focus resources on growth areas, citing the entire industry list where its brand positioning is better: “Electric vehicle parts, connected devices, smart homes, robotics, artificial intelligence, and corporate For enterprise business solutions and platforms and services.”
LG revealed in the statement that it will “use its mobile expertise and develop mobile-related technologies, such as 6G”, just like most people are buying 5G phones.
What will happen to current LG phones?
The good news is that if you own an LG phone or want to buy an LG phone (such as LG V60 or LG Velvet), you will be covered. The current LG mobile phone inventory will continue to be sold in stores and online, and will continue to provide service support and software updates for existing LG mobile phone customers. LG will not have any new smartphones.
LG said that its mobile phone business is expected to be completed on July 31, although you can still buy LG phones after that.
Look back at 5 truly wild LG mobile phone innovations-and why they failed. This company often promotes the development of smartphones: a better selfie camera (LG V10), ahead of the ultra-wide camera (LG G6) and the innovative camera controls (LG V30) that others eventually copied.
However, it is not always in the right direction to connect with customers – innovations tried include modular phones (LG G5), flexible displays (LG G Flex 2), leather back covers (LG G4), fancy motion sensors (LG G8) and received a dual screen (LG G8X).
While Samsung and Apple have been beating it in deals, it has no competitive strength in major regions such as the United States to offer better prices at the carrier level. LG mobile phones started to use very popular mobile phones in the 2010s, such as the LG G2, but in the end, its phones stood out from the crowd-and experiments such as LG Wing 5G or Dual Screen on the LG W8G/LG V60 were not as good as possible. Folding mobile phones attract consumers like that.
- Today’s most popular products: PS5 replenishment-when and where to get