Friday, May 9, 2025
Phonemantra
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming
No Result
View All Result
Phonemantra
No Result
View All Result
Home LG

LG has denied rumors of its withdrawal from the smartphone market

LG has denied rumors of its withdrawal from the smartphone market

South Korean publication TheElec recently reported that LG is about to withdraw from the smartphone market. The publication claims that the company will announce this decision by the end of January. It is also reported that all developments of the mobile division of the company will be stopped except for the smartphone with a folding screen LG Rollable.

Lg smartphone
Lg smartphone

Android Police has contacted Ken Hong, LG’s global communications manager. He said that rumours about a withdrawal from the mobile market are completely false and have no basis whatsoever. It follows from this that the company will continue to produce smartphones, but it should be admitted that its smartphone business is going through hard times. Concept smartphone LG Wing did not live up to the hopes placed on it and was sold in extremely modest circulation, despite discounts reaching 50 per cent of the device’s cost.

As for LG’s smartphone plans, the Rollable is expected to arrive in March. However, at CES 2021, the company only showed a video showing the features of the device. The actual prototype of the smartphone has not been shown to the public, which may indicate a possible delay. LG is reportedly struggling with the durability and reliability of the roll-up display. It is assumed that due to these problems, the launch of the phone will be postponed to September.

In any case, the outlook for LG’s mobile division looks bad. The company is unlikely to be able to make it profitable until the end of this year, as LG CEO Kwon Bong-Seok promised last year.

  • 0Facebook
  • 0WhatsApp
  • 0Twitter
  • 0Pinterest
  • 0Reddit
  • 0Telegram
  • 0Skype
  • 0Facebook Messenger
  • Copy Link
  • 0Print
  •  shares

Related Posts

lg wm3900hwa
LG

LG WM3900HWA: Unleashing the Power of a Premium Washing Machine

October 9, 2023
lg 45gr95qe monitor
LG

Elevate Your Viewing Experience with the LG 45GR95QE Monitor

October 9, 2023
LG OLED TVs
LG

New LG OLED TVs will receive the latest Alpha 10 chip.

October 4, 2023
lg wt7150cw
LG

LG WT7150CW: Washing Machine for Effortless Laundry Care

October 3, 2023 - Updated on October 4, 2023
lg wt7150cw
LG

LG WT7150CW: LG’s Top-Loading Washing Machine

October 3, 2023
lg 45gr95qe monitor
LG

LG 45GR95QE Monitor: Viewing Experience with Stunning

October 2, 2023 - Updated on October 3, 2023

Recommended Stories

Xiaomi Mi 10 Pro Plus smartphone will be powered by a dual battery

August 4, 2020 - Updated on December 8, 2022
Galaxy A24

New data on the Galaxy A24 gives such hope

January 12, 2023
The Xiaomi Redmi A3x

The Xiaomi Redmi A3x: A Budget-Friendly Powerhouse Arrives in India

June 5, 2024

Ads

Popular Stories

  • Did You Gain the Quarantine 15

    Did You Gain the Quarantine 15?

    0 shares
    Share 0 Tweet 0
  • How to Protect Kids from Summer Insect Bites and Stings

    0 shares
    Share 0 Tweet 0
  • Six Savvy Tips for Snoozing More Soundly

    0 shares
    Share 0 Tweet 0
  • Reversing Prediabetes Naturally

    0 shares
    Share 0 Tweet 0
  • What’s Hurting Your Eyes and Ears

    0 shares
    Share 0 Tweet 0
Phonemantra

© 2025 Phonemantra

Navigate Site

  • Our Team
  • Sitemap
  • Legal Disclaimer
  • Privacy Policy
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Mobiles
  • Tech News
  • Cars
  • Entertainment
  • USA News
  • Health
  • Cameras
  • Gaming

© 2025 Phonemantra