LG may not be making phones for much longer. The company is considering dropping its smartphone business, according to a new report from The Korea Herald, with CEO Kwon Bong-seok having sent out a ...
After years of failing to make money on smartphones—and, in recent months, failing to attract a buyer—LG is shutting down its entire phone business. LG says that the decision will help it focus on ...
When LG left the smartphone industry in 2021, the company laid out a three-year plan to continue supporting customers with new updates for eligible phone models. While that support has continued for a ...
LG has developed a solid reputation for developing some very interesting and attractive Android smartphones, even if it isn’t one of the big boys in the space right now. Whether you’re looking for ...
If you’re reading this on a phone, chances are, LG didn’t make it. The Korean tech giant has been losing money and market share with its smartphone division for years, so it wasn’t a surprise when it ...
As usual, things are not looking good for LG's phone division. As reported by The Korea Herald, LG Electronics CEO Kwon Bong-Seok sent out a staff-wide memo that the company was considering making ...
LG is looking to close down its entire smartphone division after failing to find a buyer for the ailing section of its business, according to the Korea Herald. In January, LG announced that it was ...
LG said on Monday it will close its loss-making mobile phone business worldwide as the once pioneer brand looks to focus its resources in “growth areas” such as electric vehicle components, connected ...
LG is considering exiting the smartphone business entirely amid declining shipments and accrued losses of $4.5 billion over the past five years (via The Korea Herald). LG CEO Kwon Bong-Seok cautioned ...
CES is very often the home of vaporware product demos, and that certainly seemed to be the case when LG briefly teased a rollable-smartphone prototype, called simply “LG Rollable,” during its press ...
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