LG, the South Korean electronics maker, will soon stop producing new mobile phones worldwide, according to a press release from the company early Monday.
“LG’s strategic decision to move out of the incredibly competitive mobile sector will allow the company to focus resources on growing areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions. business, as well as platforms and services, “the company said in a statement statement.
The “wrapping” of mobile phone production, as the company refers to it, will take place until July 31, although it is possible that there will still be stocks on store shelves. But buy what LG phones will likely be recently reduced at your own risk. The company will no longer provide software updates at any time in the future. As soon as possible? This part has not yet been shared.
“LG will provide service support and software updates to customers of existing mobile products for a period of time that will vary by region,” the company said. “LG will collaborate with suppliers and business partners during the closure of the mobile phone business. Employment details will be determined locally. ”
LG insists it will continue to have a presence in the mobile data market, as many other products are now talking on the internet. And if you are excited to get 5G, but with a higher number, LG will be there.
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“Before, LG will continue to leverage its mobile expertise and develop mobility-related technologies, such as 6G, to help strengthen competitiveness in other business areas. The core technologies developed over LG’s two decades of mobile operations will also be retained and applied to existing and future products, ”the company said.
LG will continue to offer a lot of other products, including refrigerators, game monitors, and vacuums, among a lot of other gadgets.