LG Smartphone Division Will Be Shutdown as It Struggles to Discover Purchaser; RIP Rollable Cellphone?

LG Smartphone Division Will Be Shutdown as It Struggles to Discover Purchaser; RIP Rollable Cellphone?

LAS VEGAS, NV – JANUARY 05: LG Electronics MobileComm USA Model Advertising Senior Supervisor Frank Lee shows the LG G Flex 2 smartphone at a press occasion on the Mandalay Bay Conference Heart for the 2015 Worldwide CES on January 5, 2015 in Las Vegas, Nevada. CES, the world’s largest annual shopper expertise commerce present, runs from January 6-9 and is predicted to characteristic 3,600 exhibitors displaying off their newest services to about 150,000 attendees 
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LG smartphones have been preventing in opposition to the strongest manufacturers of smartphones out there for years. Sadly, regardless of a steady try and innovate, it didn’t surpass main tech giants and didn’t revenue.

The COVID-19 pandemic may hit the corporate so exhausting. At first, some information shops mentioned that the corporate was contemplating promoting its smartphone division as a result of it continues shedding cash. 

Nevertheless, the issue is, they might not discover a purchaser. With that, they is likely to be pressured to shut their smartphone enterprise. This report got here from the Dong-A Ilbo, a South Korean newspaper, 

XDA Developer talked about that an LG spokesperson instructed them that their smartphone enterprise wasn’t “going away anytime quickly,” earlier than this new report got here suggesting the corporate will shut down the smartphone division. The spokesperson additionally shared LG’s critical ambitions for 2021, together with a smartphone with a rollable show with Bluetooth SIG certification

Nevertheless, new reviews say this plan for the rollable smartphone had already been scrapped. The newest report additionally added the corporate is “shelving all of its new smartphone releases for the primary half of 2021.” 

RELATED ARTICLES: LG Rollable’s Rumored Launch Date: Bluetooth SIG Certification Leaks Doable Particulars– Snapdragon 800? 

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