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Monday, April 12, 2021

LG has officially quit making phones – here’s what’s next

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LG has official quit making phones today, according to an official press release, so we won’t see new LG smartphones in 2021. This announcement it’s going to surprise anyone in the mobile space; it has been rumored for several weeks.

This means two things. First, we won’t see phones like the rumored LG V70 ThinQ, LG G10 or LG Velvet 2, as the company is closing its entire mobile business unit. LG calls it a “strategic decision to exit the incredibly competitive mobile phone sector.”

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