- LG shuts down smartphone business
- Failure ahead of Samsung and Chinese smartphone company
- Losses in the smartphone business over the last few days
Read: Alert, never search for ‘he’ on Google, otherwise you will end up in jail
LG’s smartphones are already available in the market. These include Wing, Velvet, Q series, W series and K series. Sales of all these models will not be stopped. LG said it will continue to provide software updates to its customers. This means that Indian Velvet customers will not receive a software update. Unless European customers receive this update. The company will work with suppliers and business partners. Until the mobile division can be completely shut down.
Read: Big discount on Samsung Galaxy M51, find out the price-features
LG said the mobiles business would be completely shut down by July 31. But, the phones that are left now. It will continue to be sold. The company did not say how this would work. But, users have this company’s phone. They don’t have to worry. Because, the company is going to support your phone for some time.
Read: Samsung Galaxy A52 5G will make an entry in India soon, listed on BIS
Following LG’s decision, it was reported that the company had laid off some workers. These employees have been fired at the local level. According to reports, LG may shift these employees to any of the company’s departments. For the last 6 years, the company has been losing smartphones. The company’s CEO had earlier signaled the closure. LG was far behind Samsung and Chinese companies. The LG brand was just a name. Eventually the company decided to close the smartphone business.
Read: Easily download WhatsApp video statuses, no third party app required
Read: Don’t go for the price, these smartphones give an iPhone-like feel despite being cheap