As has been widely rumored over the past few weeks, LG today officially announced that its mobile division will be discontinued. Software updates and support for existing smartphone owners will take a ‘period’.
Following this ‘strategic decision’ approved by the council earlier today, the company is focusing on components of electric vehicles, connected appliances, smart homes, robotics, artificial intelligence and business-to-business solutions.
That said, LG will continue to develop “mobility-related technologies”, with 6G in its press release. It also says ’employment details will be determined at local level.’ LG expects to complete the strike of its mobile division by July 31st.
Core technologies developed during the two decades of LG’s mobile business operations will also be retained and applied to existing and future products.
Existing inventory will “available for sale” while existing phone owners will still receive support and software updates for an unspecified “period which will vary by region.” It is not clear how the implementation of Android 11 will be affected.
Current LG phone stock will still be available for sale. LG will provide service support and software updates to customers of existing mobile products for a period that will vary by region. LG will work with suppliers and business partners during the closure of the mobile phone business.
It is surprising that the LG Rollable phone is unlikely to see a release. It tried to repel a number of concepts, including curves, modularity with the G5, high-end audio and dual screen cabinets. The company performed excellently on the low side of the market in some countries, including the US. In addition to 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 departure leaves Samsung at the top of the Android space with a number of smaller players, including Google, vying for the next position.
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