LG may exit the smartphone market soon — we may never see the LG rollable phone | Laptop Mag
LG may exit the smartphone marketplace before long — we may never see the LG rollable phone
LG teased its head-turning rollable smartphone not fifty-fifty 2 weeks agone at CES 2022, and already there are doubts it will ever run across the light of day as the future of LG's smartphone business concern looks dour.
LG Electronics' CEO, Kwon Bell-seok, has confirmed that in that location will be a "modify in the direction of the smartphone business operation," a written report by The Korean Herald stated. While it isn't certain if LG's smartphone operations will exist cut, there have been clear hints, considering the visitor lost around 5 trillion won ($4.5 billion) over the past v years.
An LG official has likewise stated, "it is about time for LG to make a cold judgment and the best choice" regarding the competition LG faces in the global smartphone market place.
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What's happening with the LG Rollable Telephone?
The fate of LG'due south rollable smartphone is currently up in the air, as LG is apparently yet developing the next-gen model. Still, launch plans for the smartphone are still undecided, with LG stating it is "open to every possibility."
It may depend on the demand for the rollable concept. Despite it'southward 5G LG Wing existence a flippin' fun fourth dimension and being labelled every bit the hereafter of smartphones, it failed to make a dent in the market. No turn a profit for a company, no incentive to continue operations.
At that place's no incertitude enthusiasts are interested to try out LG'southward rollable smartphone (including us), as it could make the foldable form factor redundant — seeing every bit it transitions from a phone to a tablet, in way. In the meantime, we hope for the best, LG.
Darragh Spud is fascinated by all things bizarre, which usually leads to contrasted coverage varying from washing machines designed for AirPods to the mischievous globe of cyberattacks. Whether it'due south connecting Scar from The Panthera leo Male monarch to 2-factor authentication or turning his love for gadgets into a fabricated rap battle from 8 Mile, he believes at that place's always a quirky spin to be fabricated. With a Principal'south degree in Magazine Journalism from The University of Sheffield, forth with short stints at Kerrang! and Exposed Magazine, Darragh started his career writing about the tech industry at Time Out Dubai and ShortList Dubai, roofing everything from the latest iPhone models and Huawei laptops to massive Esports events in the Middle East. Now, he can be found proudly diving into gaming, gadgets, and letting readers know the joys of docking stations for Laptop Mag.
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