Technology
LG may be leaving the smartphone business in 2021 – XDA Developers
LG has now confirmed that it’s considering exiting the smartphone business in 2021 after squashing these rumors last week.
Last week, Korean publication The Elec published an article claiming that LG Electronics notified its employees that it was shutting down its smartphone business. That allegedly included halting development on the company’s rollable smartphone which they previously said will be launching later this year. However, LG’s Head of Global Corporate Communications, Ken Hong, told XDA that the rumor was “definitely untrue.” But it now appears that the rumor had some truth in it.
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