LG has taken an vital step towards shutting down its mobile business. The final LG telephones have rolled off the manufacturing line and the corporate will now not manufacture handsets after Monday, in keeping with Asia Enterprise Day by day. Engadget has contacted LG for affirmation.
The corporate introduced plans in early April to wind down its cellphone enterprise, nevertheless it stored making handsets for a pair extra months to satisfy contracts with telecom corporations. A manufacturing facility in Vietnam the place LG constructed lots of its smartphones will probably be transformed right into a family equipment manufacturing plant, Asia Enterprise Day by day experiences.
After years of losing money on the division, LG mentioned it would kill its failed cell enterprise by the tip of July, although it’d nonetheless promote some gadgets after that date. Of us who purchase an LG cellphone will nonetheless obtain up to three years of Android working system updates. The corporate may also present 4 years of after-sales service from the date of manufacture. In the meantime, the corporate has reportedly bought a restricted provide of the unreleased Velvet 2 Professional and LG Rollable, which the corporate showed off at CES in January, solely to its staff in South Korea.
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