LG officially announced that it is closing the mobile department and ceasing to produce smartphones. LG has lost billions of dollars on phones over the past few years, so it is giving up smartphones for its own good. I will miss LG in the mobile market.
Mobile department LG it has been on a solid minus for several years now. According to official data, Koreans have lost more than $ 4 billion on smartphones in the last five years.
For a long time, there have been reports on the network that LG wants to give up smartphones. Recently, these rumors have only been getting worse. Earlier this year LG’s CEO suggested to the employees of the mobile department that the company must soberly evaluate the sense of creating more phones and make the best decision possible.
It seems that the best decision was to sell the entire section of smartphones, but apparently LG did not get along with any interested parties. So the producer made a different decision, the most difficult one possible.
LG officially closes the smartphone department
The leak is confirmed: LG officially announced the closure of the mobile department. From now on, the company will not produce new phones. Models already available on the market will still be sold. So let’s hunt for sale promotions that will probably appear.
Fortunately, LG wants to behave honorably and will not leave customers in the cold. Koreans ensure that service and update support will not disappear overnightbut will vary by region.
It has been confirmed that the update to Android 11 for selected LG smartphones will continue. Furthermore, LG intends to supply Android 12 for some of its phones, but on this topic, everything can still change. Security patches will also be made available for a while.
LG assumes that the mobile department will be fully closed by July 31 this year.
A pity, a great pity
LG Wing i LG G8X ThinQ / fot. gsmManiaK
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“I knew it would be like this” “no loss”, “they wanted it themselves” – there will probably be such comments on LG’s resignation from phones. Well, I don’t think there is much to be happy about. Every competition is good, and LG has proven more than once that it can make good phones.
LG G2 with narrow bezels before it was fashionable. LG G4 with a beautiful leather battery cover (it’s a pity it’s an emergency). LG G5 as the first smartphone in the world with an ultra-wide angle lens. Extraordinary LG V10crazy LG Wing, the legendary LG L series and the surprisingly popular K series (mainly at the beginning), one of a kind LG Velvet – can be exchanged and exchanged this way.
Throughout its adventure with smartphones, LG tried to be more innovative than recreational. The already mentioned LG G5 had not only a wide angle, but also was modular (it is a pity that it was very average). Recently, LG impressed me with the idea for a Dual Screen. Once upon a time, LG was the first to reach for a dual-core processor or a capacitive screen. If I am not mistaken, it was the first to create manual mode for filming a video. And that’s audio …
These are, of course, just a few examples from the shore. What other innovations do you associate with LG phones?
LG could have done a lot better
Of course, it’s not that only customers who underestimated the efforts of the Korean manufacturer are to blame for the poor sales of LG smartphones. He also has his conscience.
Emergency LG G4, extremely average mid-range smartphones at too high prices or slow updates (improvement came too late) one of the biggest sins of LG.
This last aspect may and does not bother the so-called average customer, but ManiaKom does. It is they who advise less knowledgeable people what to buy and what not. Due to such and no other support, LG could not enjoy good word of mouth marketing.
I feel sorry for LG
After all I feel sorry for LG. It is undoubtedly a company with great potential, which was seen in many of the brand’s smartphones.
I hope there will be a company that will fill the LG gap – I say this not only as ManiaK, but also satisfied LG Velvet user:
I don’t regret choosing it – LG Velvet is wonderful! Convince me to change my mind
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