LG has reportedly stopped making smartphones

LG has actually taken an essential step toward shutting down its mobile business. The last LG phones have rolled off the production line and the business will no longer make handsets after Monday, according to Asia Business Daily. Engadget has actually called LG for verification.
The company announced strategies in early April to wind down its phone business, however it kept making handsets for a couple more months to fulfill contracts with telecom companies. A factory in Vietnam where LG developed many of its smartphones will be transformed into a household appliance factory, Asia Business Daily reports.
After years of losing money on the department, LG stated it will kill its failed mobile organization by the end of July, though it may still sell some gadgets after that date. Folks who buy an LG phone will still receive up to 3 years of Android operating system updates. The company has supposedly sold a minimal supply of the unreleased Velvet 2 Pro and LG Rollable, which the company revealed off at CES in January, specifically to its workers in South Korea.All products recommended by Engadget are picked by our editorial team, independent of our moms and dad company.