LG has officially stopped making phones, according to an official press release earlier this month.
It was only in January at CES2021 that LG stole the show with a teaser trailer for a Rollable smartphone, however this seems very unlikely to happen now, leaving many tech enthusiasts disappointed.
But the news isn’t all bad, as the press statement says
“LG’s strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services.”
So, there is still a lot of LG tech to look forward to.
The winding down of the mobile phone business is expected to be completed by the end of July this year and LG have stated that they will provide service, support and software updates for customers of existing mobile products for “a period of time which will vary by region”, and have followed this up with a later press release promising that a “three OS update guarantee applies to LG premium phones released in 2019 and later (G series, V series, VELVET, Wing) while certain 2020 models such as LG Stylo and K series will receive two OS updates.”
With the news of this closure, we may well see some existing LG models available for tempting prices, but just take into consideration that any new LG phone purchased may not be as supported or may not have access to the latest software and security updates as other android devices.
So, it seems we won’t see any new LG smartphones in 2021, or indeed ever again.