LG announced in April this year the closure of the Smartphone business. The company then said it would continue to sell the phones to clean up its inventory as well as to manufacture to complete contracts. Before the deadline to completely shut down until July 31, LG has stopped the Smartphone production line.
According to Asia Business Daily (through Engadget), LG will turn it into a factory in Vietnam, where many phones are manufactured, turning it into a unit for manufacturing household appliances. There are no words in other production units.
➯LG never tried to experiment and add new features
➯Smartphone OEM will have a $ 250 Smartphone market below NAM
➯LATAM is another region where there is a gap due to LG and Huawei, a great opportunity for Chinese OEMs
– Parv Sharma (@Parv_S) April 5, 2021
In addition to selling the rest of the inventory, LG said it would also provide customer service support and software updates for a certain period of time. The company said that all LG mobile phones currently in use will receive three versions of the new version of Android from the year of purchase.
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The three-year operating system warranty applies to LG premium phones (G series, V series, VELVET, Wing) released in 2019 and later. Select 2020 models, such as the LG Stylo and K Smartphone series, will receive at least two OS updates.
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