CHATTANOOGA, Tenn. (WDEF) — LG is leaving the smartphone trade after 20 years within the enterprise.
Apparently, its twin display screen and swivel smartphones weren’t sufficient to compete with the Samsung Galaxy or Apple iPhone.
So what’s subsequent for the corporate, and its prospects?
LG Electronics says it as an alternative needs to concentrate on different areas, like electrical automotive elements, synthetic intelligence, and robotics.
The South Korean electronics firm will proceed to fabricate telephones over the subsequent couple of months resulting from contractual obligations.
It is going to formally exit the cellphone trade by July 31.
So you probably have an LG cellphone, what does this transfer imply for you? Do you must get one other cellphone like Apple or Samsung?
Not for those who don’t need to.
LG additionally introduced a 3 yr pledge for working system updates.
The corporate says present prospects with premium LG smartphones can rise up to a few Android OS updates.
This is applicable to premium telephones launched in 2019 and later. Suppose G and V collection telephones, together with the LG VELVET and Wing gadgets.
Sure 2020 fashions just like the LG Stylo and Okay collection will get two updates.
Future updates, in fact, rely upon Google’s distribution schedule, and machine efficiency and compatibility.
Proper now, for those who’re nonetheless available in the market for an LG cellphone, you should purchase one if it’s in inventory.
Service help and safety software program updates will proceed for a while for sure gadgets, and can fluctuate by area.
Clients are requested to contact their native LG customer support heart for extra particulars.
Though it’s stepping away from making telephones, LG says it nonetheless needs to work on 6G know-how to assist with competing in different enterprise areas.