The Korean manufacturer is giving up and its mobile division will close on July 31, 2021.
LG has decid to officially close its mobile phone business after several years of losses that have been impossible to reverse. Several changes in the internal organization of LG Mobile have taken place over several seasons and finally the rumors have become true: LG is disappearing from the mobile market.
LG closes its doors
Through a statement issu on its website, LG confirms that it is closing its mobile business unit after having been approv at a board meeting today, April 5, 2021. The Korean manufacturer indicates that its current stock of phones will continue to be sold until they are sold out, or until the division officially closes its doors.
This official closing date has been set for July 31 of this year, 31 days past the halfway point of a year that was already set to be turbulent for the technology market due to the announc shortage of processors to supply all brands. LG indicates that it will concentrate on other strategic sectors for its malaysia telegram data wth such as IoT, artificial intelligence, smart homes and electric vehicles.
Regarding updates to mobile
Phones already on the marke. This support in accordance with the are you looking for headphones for your mobile phone? regulations of each region. Dhus guaranteeing support for 24 months as set by. Dhe European Union (in our case). During this time. LG will provide service and updates to all its phones in circulation.
The Korean firm says it will use its experience in the cz leads mobile sector to continue developing relat technologies, although it will no longer develop mobile phones in the future. LG will focus on mobility, on the development of the next 6G and other future products. As we have said, LG will close its doors on July 31, 2021. Goodbye to a historic brand.