LG Electronics has officially made the statement of leaving the smartphone world. Previously we saw many rumors hinting at LG pulling out, but now the company officially confirmed that they are leaving and no more LG smartphones would come.
In a statement, LG confirmed the closure of its mobile division, stating that it will no longer produce and sell new smartphones. The decision was approved by the company’s board of directors on Monday. Since Q2 of 2015, LG’s mobile division has been iii continuously reporting losses. In 2020, the mobile division registered a loss of around $751 million. After gaining so many losses and having no profit on the smartphone side, it’s no surprise that the company has decided to step out.
But, what about the current phones you ask? Well according to LG they will work and get software updates based on the region as usual, and for the remaining inventory, it will be in the stores till they sell out. So if you are currently using an LG don’t worry. I suggest you buy a phone now as they will be cheap and you never know maybe their value increases over time.
The company also announced the first rollable phone to launch later this year, but it’s unclear what is going to happen with that. I wish they would at least launch it as a limited edition phone with a few of them made because as a tech enthusiast I would love to see a rollable phone.
LG has created many smartphones over the years and let’s take a look at some of our personal favorites.
1. LG G Flex 2
This was a wonderful phone for its time, launched in 2015 this was a very different approach to the look of the smartphone. It was a curved phone with a self-healing back, and it did heal from minor scratches. The display was an Oled panel, the phone also had a Snapdragon 810 with 3GB ram, 32GB storage, a 3000mAh battery, and a decent camera. For the time it was a really good phone.
2. LG V60 ThinkQ
This phone launched in 2020 was an overlooked great phone. With a Snapdragon 865+, 8GB ram, 128GB storage, a 5000mAh battery, and an Oled Display. It was a great attempt by LG after the original transparent ThinkQ. It was an overall great phone and had a good design.
3. LG Wing
This phone I am sure most of you are familiar with. It took the internet by storm. It was strange and different from the regular phones, the screen on the front flipped to become a landscape display while revealing a secondary display below it. You could use it for many functions like, multitasking, video calling, playing games, using the camera as a gimble, and much more! It was exciting to see something change from the regular old phones. The specs on this thing were also not bad. It has a Snapdragon 765g with 8GB ram, 128GB storage, a 4000mAh battery, 2 Oled Displays, and a 64MP 4K camera.
LG’s journey began in 2009 with the LG GW620, running Android 1.5 Cupcake out-of-the-box, and is seemingly ending with the LG Wing, which is one of the most innovative smartphones of 2020. If there’s one thing that stood out about LG as a company, it’s that they were not afraid to try something different and bold and kept on experimenting with new concepts and form factors. Finally, we would like to say thanks to LG for this journey, even though the company did not get a good ending, it will always be remembered in the smartphone world. Goodbye LG goodbye to an era.
What do you guys think? Which LG smartphone was your favorite? Share with us in the comments below.