No, LG is not going to leave the smartphone market

It has long been no secret that LG has lost its former glory in the smartphone market, but now rumors have appeared on the Internet

that the company is going to say goodbye to its mobile division.

Really?

South Korean publication TheElec, which often publishes reliable information, reported that by the end of this month the company should announce its exit from the smartphone market.

“LG Electronics is expected to close its businessfor the production of smartphones, which suffered from chronic shortages. On January 15, the company told its employees that it would finally announce the closure of its smartphone division later this month. The announcement date is January 26,” TheElec journalists found out.

All that was supposed to remain was the development of a smartphone with a LG Rollable display, which was recently shown at CES 2021.

However, LG representatives deny this information. LG's head of public relations, Ken Hong, called it just rumors that are "completely false and baseless."

So the smartphone world won't lose LG, at least not anytime soon. Perhaps we will wait for something interesting from the manufacturer that will return the company to popularity.

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