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LG’s exit from smartphone business means discounts and deals – ZDNet

LG is likely to clear inventory as it exits the smartphone business, and that means some dual-screen devices may become more affordable.

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LG Electronics is leaving the smartphone market and plans to complete its exit by July 31. The deals are only going to intensify as that date approaches.
The smartphone exitby LG is no different than when an automaker discontinues a model. You can get a fine car with deep discounts.
For LG, the decision to leave the mobile business isn’t that surprising. LG didn’t have the scale of Samsung and lacked a big hit. The company said that it will focus on electric vehicle components, smart homes, robotics,…

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