Logo LG. [Shutterstock]
The surprising news came from LG, a giant electronics company from South Korea (South Korea). LG has announced that it will be exiting the mobile phone business in early April 2021.
SuaraMalang.id – Shocking news came from LG, a giant electronics company from South Korea (South Korea). LG has announced that it will be exiting the mobile phone business in early April 2021.
LG has officially stopped all manufacturing operations of its mobile division as of today (31/05/2021). This is according to a magazine in South Korea. The company has also transferred human resources to other divisions so that employees can still work.
However, LG users don’t have to worry. Because for some time to come, LG promises to be committed to supporting smartphone devices in the future.
Quoted from hitekno.com, media network Suara.com, LG’s flagship HP will get three years of software support. Some models (including the Q-series) will get Android 12, while the latest premium models are expected to get an update to Android 13.
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Reporting from GSMArena, LG smartphone users will also receive after-sales service for 4 years from the date of manufacture of the device. LG Electronics’ factory in Vietnam (where most of LG’s phones are made) will shift to home appliances.
The company has shifted some of its production capacity to home appliances as a way to keep smartphone factory employees employed.
The remaining employees of the mobile division will be reassigned at the end of July 2021. Please note, the factory in Hai Phong, Vietnam was established in 2015 with the ability to manufacture TVs, in addition to smartphones.
In addition, the LG Innotek and LG Display subsidiaries also produce camera modules and screens.
Staff turnover wise, The Korean Herald reports that LG Electronics is on track to become the largest home appliance manufacturer with record sales of US$6.3 billion or Rp. 89.9 trillion in the second quarter.
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LG Electronics has considered selling some of its operations or withdrawing from the smartphone business as its mobile division continues to lose money.
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