Farewell to LG: The company decided to shut down its mobile division for good after years of poor results.
It is official: LG has decided to close its móvil inteligente development and production departmentreport losses after several years in a row.
South Korea has confirmed it through press releasein which he states this LG’s board of directors has decided to complete the shutdown of its mobile divisionas has long been rumoured.
LG decides not to sell its mobile unit, preferring to shut it down
From that moment on the company New móvil inteligente models are no longer brought onto the market. However, they state that those already produced will still be available for sale and that all functionalities will continue to work. The eventual closure of LG’s mobile division is expected July 31, 2021.
They also point that out Support continues for owners of their current móvil vía the after-sales service.
“LG is making the strategic decision to exit the mobile phone campo after several years of losses in this business. This move will allow LG to allocate more resources to other growth areas such as vehicle components, connected devices, smart homes, robotics and artificial intelligence. and B2B solutions and services.”
Over the past year, the company has attempted to regain prominence in the mobile phone market with innovative models such as the LG Wing; as well as others who wanted to provide an experience plus at a lower price point than its direct competitors like the LG Velvet. In addition, the company has announced its intention to launch new products with models such as the LG Rollable, its first móvil inteligente with a rollable screen.
Anyway the lack of support In terms of updates, it has left its mark and many people have lost faith in LG. Because if LG itself doesn’t espectáculo an interest in its teléfonos inteligentes, it’s difficult for consumers to do so.