LG announced their exit from the mobile business back in April 2021. But according to a report from South Korea, the tech company will stop production of phones and tablets today.
The South Korean company will continue supporting existing devices though, which will last depending on the LG model. Their premium models will get 3 years of software support, some models like the Q-series will get Android 12, their latest premium models are expected to get even the Android 13 OS whenever it debuts. LG device users will be able to receive after-sale services for four years from the device’s manufacture date.
The company’s factory in Haiphong, Vietnam where most LG devices were being built will now be switching over to home appliances fully. The plant factory established in 2015, has a TVs and appliances production line. Some workers will be retained in the facility while the remaining will be reassigned by the end of July.
According to a report by The Korea Herald, LG Electronics is on pace to become the biggest manufacturer of home appliances with record-high sales of $6.3 billion in the second quarter. Many analysts expect them to retain 1st position all through 2021.