LG confirms its exit from the smartphone sector after its board of directors finally approved the decision.

Apr 05, 2021 @Abdo_Alwardi News 7203 Views

LG confirms its exit from the smartphone sector after its board of directors finally approved the decision.

On this day (April 5, 2021), LG Electronics announced that it will close its smartphone business unit after the decision is approved by its board of directors.

This decision will enable it to focus on other growth areas such as:

  • Components of electric vehicles
  • Connected devices
  • Smart homes
  • Robots
  • Artificial intelligence
  • And business solutions among others.


However, LG will work collaboratively with suppliers and business partners throughout the smartphone business shutdown, and will provide service support and software updates to customers of existing mobile device products for a period of time.


The company will also work to enhance competitiveness in other business areas and to retain the core technologies developed during the two decades of mobile phone business operations.


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