As widely reported in recent weeks, LG officially announced today that its mobile division is closing. Software updates and support for existing smartphone owners will continue for a “period of time”.
Following this “strategic decision” approved by the board of directors earlier today, the company is focusing on electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions.
That said, LG will continue to develop “mobility-related technologies” with the 6G announced in its press release. He also said that “details related to employment will be determined at the local level.” LG expects to complete the closure of its mobile division by July 31.
Key technologies developed during LG’s two decades of mobile business operations will also be maintained and applied to existing and future products.
Existing inventory will remain “available for sale”, while existing phone owners will continue to get support and software updates for a “unspecified period of time that varies by region”. It is unclear how the launch of Android 11 will be affected.
The current inventory of LG phones will continue to be available for sale. LG will provide service support and software updates to customers of existing mobile products for a period of time that varies by region. LG will work collaboratively with suppliers and business partners during the closing of the mobile phone business.
Unsurprisingly, the LG Rollable phone is unlikely to be released, with the oddly shaped LG Wing being the company’s latest flagship. He tried to push a number of concepts, including curves, modularity with the G5, state-of-the-art audio and dual-screen cabinets. The company stood out in the lower segment of the market in some countries, including the United States. In addition to the phones, the division was responsible for a number of Wear OS devices, from the original G Watch to the Style / Sport and Watch W7 with physical hands.
This move leaves Samsung at the top of the Android space with a number of smaller players, including Google, competing for the next position.
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