The company confirmed this Friday that it is still developing Rollable, a premium rollable smartphone with a rollable display, according to a source. However, the company added that they have not yet decided whether they will release the device to the market.

During the Consumer Electronics Show earlier this month, LG unveiled a video of a prototype of the original device that got everyone’s attention. Soon after that, reports began to appear in the media that the gadget would appear on the market in the form of a full-fledged product this year. Later, some Korean industry sources said that the company may abandon the Rollable project because it fears a repeat of the failure that befell another unusual smartphone, LG Wing, equipped with two screens with a rotating mechanism. Despite the forest reviews in the press, where the novelty was nicknamed the smartphone of the future, as well as the high hopes of LG itself, the smartphone was greeted without enthusiasm on the market. Since its release last September, the company has sold just 100,000 of these smartphones.

The failure of the Wing model has added nails to the coffin of LG’s smartphone business, which has suffered only losses since 2015. As of last year, the line’s operating loss was 800 billion won (over $ 700 million), and the cumulative over five years was about 5 trillion won ($ 4.5 billion).