This is it, LG will no longer produce phones as of tomorrow
In the future, home appliances will be made in the Vietnamese factory where the smartphones have been assembled so far. LG announced in early April that it would pull down the blinds of its mobile manufacturing division.
The South Korean company decided so after the unit has only managed to lose since 2015, and no buyer has been found for it. The GSMArena now writes, according to the Korean sources, the manufacturer of LG mobile handsets and tablets last Monday.
According to the paper, those who have bought an LG phone will not have to worry for the time being, as the company will release an upgrade to the top models for another three years. Some models – mostly members of the Q family – will also receive Android 12, and even the next-released premium devices will even feature Android 13 next year. It is also important that the manufacturer provides service for four years from the manufacture of the devices.
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LG Electronics ’Vietnamese factory, where the phones were manufactured, is switching to assembling home appliances. The company has already shifted some of its production capacity to this, just as it has redeployed workers who have been involved in assembling mobiles so far. The others will be taken over for these tasks by the end of July.
The plant in Haiphong – where telephones are made and telephones – was started in 2015. Switching to home appliance manufacturing is definitely a good decision financially, as LG forecasts record sales of $6.3 billion for the second quarter of 2021.
Meanwhile, Apple in South Korea is trying to entice users with various promotions: in a recently announced exchange program, LG mobile phones will be charged for 150 thousand Korean won, or about 39 thousand forints, to those who buy an iPhone 12 or iPhone 12 mini and use it for at least a month. Meanwhile, LG is offering employees phones for purchase that the company hasn’t even unveiled.