LG phones are officially dead — here's what happens next
LG phones are officially dead — here's what happens next
LG smartphones are no more than, as the Korean company announced Monday (April 5) that it will be shutting down its mobile phone business. The motion, OK'd by the electronics behemothic's board of directors, ends months of speculation about the fate of LG smartphones.
LG devices won't immediately disappear from store shelves; instead, the company plans to permit current supplies dwindle without replacing whatsoever inventory. Existing LG phones volition continue to receive back up, with the verbal length of that support to vary based on region.
- Best phones overall — what to get instead of an LG device
- Google Maps vs Apple Maps: Who wins?
- Only in: iPhone 13 leak merely revealed new blueprint
In the U.S., LG tells us that it plans to honor the standard express warranties that came with the company's phones and tablets. That means it will provide service parts through the terminate of that warranty or longer if that's required by the state where yous alive. LG says it will provide additional after-sales support for certain models. Additionally, LG is honoring whatever extended warranties for customers who've registered their eligible device.
Every bit for Bone upgrades, LG says that will depend on which models, with more details to come up.
Too upwardly in the air is what happens to devices on the drawing board for LG but not yet in stores. We're thinking specifically of the LG Rollable, a telephone with an expandable screen that LG showed off at this year's CES trade evidence. LG had appear plans to ship its rollable phone this year, just obviously that launch is now scrapped. Nosotros're withal waiting to hear if LG volition spin off that production line to a competitor — none of that was actually addressed in the LG statement announcing the closure of the phone business organization.
"Core technologies developed during the two decades of LG's mobile business organisation operations will besides be retained and applied to existing and future products," was all the company said in its statement announcing the mobile concern closure.
LG says information technology plans to finish winding downward its involvement with smartphones by July 31.
It'southward not hard to effigy out why LG is exiting the smartphone business. The business was a money-loser for LG as it never could emerge from the shadow bandage by leading players Apple and Samsung, nor could it stave off increased competition from Chinese phone makers like Huawei and Oppo.
Nosotros spoke to Tuong Nguyen, a senior chief annotator at Gartner last calendar week when the LG mobile concern shutdown was all the same a rumor. Nguyen noted that fifty-fifty at LG's peak, the company had less than a 10% share of the global smartphone market. As of the end of 2020, that had dipped to 2%.
With LG pulling resources from smartphone evolution, the company says information technology will instead focus on electrical vehicle parts, connected devices, smart homes, robotics, AI, and business-facing products. Its mobile efforts going forrad will include work with technologies related to the evolution of 6G wireless networking.
Source: https://www.tomsguide.com/news/rip-lg-phones-lg-is-officially-out-of-the-mobile-business
Posted by: grishamesturne.blogspot.com
0 Response to "LG phones are officially dead — here's what happens next"
Post a Comment