LG announced that they would be leaving the Smartphone competition on 5 April 2021. This means that we won’t be seeing any more LG flagship smartphones this year. Some of the LG smartphones that will be shutting down their production are LGV70 Thin Q, LG G10, LG Velvet 2. LG mentions this move as “a strategic decision to exit the competitive mobile phone sector.”
LG says it will be focusing on other sectors such as electronic vehicle components, connected devices, smart home devices, robotics, AI (Artificial Intelligence). Business to business solutions, as well as platforms and services.
LG has plans, which they stated will be focused on innovative portability-related skills such as 6G as the many people are using 5G serviced devices. LG phones will still be up till 31 July, so you’ll still be able to buy them from LG shops. You will be able to purchase LG phones or LG inventories in shops and online websites. And support services and software updates will still be available, and the only downside is that there won’t be able LG phones coming in the future.
LG decided due to the competition between two phone companies, Apple and Samsung, in the United States. LG tried to produce innovative flagship smartphones, but it didn’t go in the right direction as the company had planned.