Monday, April 5th 2021
LG to Close Mobile Phone Business Worldwide
LG Electronics Inc. (LG) announced that it is closing its mobile business unit. The decision was approved by its board of directors earlier today. 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.
Current LG phone inventory will continue to be available for sale. LG will provide service support and software updates for customers of existing mobile products for a period of time which will vary by region. LG will work collaboratively with suppliers and business partners throughout the closure of the mobile phone business. Details related to employment will be determined at the local level.
Moving forward, LG will continue to leverage its mobile expertise and develop mobility-related technologies such as 6G to help further strengthen competitiveness in other business areas. Core technologies developed during the two decades of LG's mobile business operations will also be retained and applied to existing and future products.
The wind down of the mobile phone business is expected to be completed by July 31 although inventory of some existing models may still be available after that.
Current LG phone inventory will continue to be available for sale. LG will provide service support and software updates for customers of existing mobile products for a period of time which will vary by region. LG will work collaboratively with suppliers and business partners throughout the closure of the mobile phone business. Details related to employment will be determined at the local level.
The wind down of the mobile phone business is expected to be completed by July 31 although inventory of some existing models may still be available after that.
50 Comments on LG to Close Mobile Phone Business Worldwide
Got my LG OLED CX recently and it's brilliant for gaming.
I would buy an LG any day over any of the Chinese brands though.Two entirely different parts of LG though, that have pretty much nothing to do with each other.
Anyone wondering why LG has taken so long to finally drop their phone business, read up on the Korean Chaebols and you'll see it's a family pride/status thing.
Samsung, Hyundai and LG are the top three chaebols in Korea.
en.wikipedia.org/wiki/Chaebol
You have to struggle to figure if shit has FALD and if yes, how many zones, it is all smoke and mirrors.
People tend to think it's the same shit.
The most embarrassing part is that price on those things is in the same ballpark.
www.quantumdots-info.com/
Personally, I'm really looking forward to μLED. iirc that's still a good half decade away though.
Haven't had a Samsung Phone since the Galaxy S3. I loathe their UI on top of Android.
Got an Asus Zenfone 6 now, had an HMD/Nokia 8 prior to that.
If any company should have shutdown, It should have been Nokia. LG on the other hand has had big contracts to make google Nexus devices.
They seem to have some crazy ideas for phone designs but dont really have good software support. I was stuck on 4.1 or 4.2 for a very very long time after buying their devices and even then they updated us to 4.4 then ended support when new devices were already coming out with android 7 or 8.
their tablets were pretty decent for the money too back then.
Which is rather unfortunate, because Samsung's idiotic persistence in doubling each and every standard Android application and refusal to implement adoptable storage, leaves us with really mediocre devices.
But this confirms what I have said when tablets were first launched: between smartphones getting increasingly bigger, laptops becoming increasingly more portable and tablets' inability to completely replace any of those, the market for tables is niche by design.
Their latest phone, G8, is excellent in terms of durability and features, storage expansion, headphone jack while maintaining its IP68 rating. Disadvantages that never change however, software updates that are slower than Samsung, and support that only lasts a year. $500+ phones that "obsolete" after 1 year doens't put them on "higher end".
Also, Idk whether I have hit a bug or this is by design, but every time I update an app that I have moved to SD, it comes back to the internal storage, so I have to move it again. Very, very frustrating UX.
They had been shown the way with the nexus 5, 5x, and 9. Simple, well made devices without garbage UI or software. They ignored this advice and tried to out gimmick Samsung, which is just a losing proposition unless you are apple (or chinese).
RIP LG phones. Honestly thought HTC would bow out before you did.What killed THAT phone (and the LGG8) was their absolute refusal to sell an unlocked model. I'm not buying a carrier locked phone in 2021, when we can switch carriers at the drop of a hat.