It’s the end of the road for the giant smartphone maker! Production completely stopped

by Krish Karthik
It's the end of the road for the giant smartphone maker Production completely stopped

LG officially confirmed its exit from the mobile industry in early April, but needed some time to shut down operations. According to Korea News Today LG The last day of production of phones and tablets for

The company will continue to support existing devices for some time. Premium models will receive three years of software support. Some models (including Q series phones ) Android 12 New premium models are expected to arrive on Android 13. Users will be able to enjoy after-sales service for 4 years from the date of manufacture of the device. LG Electronics’Its factory in Vietnam, where most LG phones are made, will switch to home appliances. LG had already shifted some of its manufacturing capacity to devices in order to keep employees at its smartphone factory at work. The remaining telephone service workers will be reassigned by the end of July.

LG says goodbye!

Haiphong factory was established in 2015 and produces televisions and household appliances as well as telephones. Also sister companies LG Innotek Screen and LG also produces camera modules and screens here.

The Korea Herald earlier today LG Electronics reported that with record second-quarter sales of $ 6.3 billion, it is poised to become the world’s largest home appliance maker. LG has now passed its main rival, Whirlpool in the first quarter, second quarter, and analysts expect it to remain at the top for the remainder of the year. Meanwhile, Apple Korea is trying to lure existing LG owners with a trade-in program by offering 150,000 KRW ($ 135) for a new iPhone 12 or 12 mini with certain rules. As a final farewell, LG was supposed to sell a limited number of LG Velvet 2 Pro foldable phones (around 3,000 units) to employees, but that also didn’t go as planned.

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