LG has officially quit making phones – here’s what’s next

LG has official quit making phones today, according to an official press release, so we won’t see new LG smartphones in 2021. This announcement isn’t going to surprise anyone in the mobile space, as the move has been rumored for several weeks .

This means two things. First, we won’t see phones like the rumored LG V70 ThinQ, LG G10 or LG Velvet 2, as the company is closing its entire mobile business unit. We probably won’t see the LG Rollable the company teased at CES 2021 and confirmed would be released in 2021, either. LG calls the move a “strategic decision to exit the incredibly competitive mobile phone sector.”

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