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LG is officially shutting down its mobile phone business – Neowin

Today, LG announced that after months of rumors, it’s officially shutting down its mobile phone business. It’s still going to focus on mobility-related technologies…

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LG G Flex 2
Back in January, it was reported that LG is considering leaving the smartphone market, and now it’s official, the company announced Monday morning in Seoul. Calling the smartphone sector “incredibly competitive”, it’s going to continue to sell existing inventory of its devices and then focus on its other businesses like EV components, connected devices, smart homes, robotics, AI, and B2B solutions.
The firm also said that it’s still going to be developing mobile technologies, such as…

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