An LG spokesperson denied Yonhap’s report that the company had suspended the LG Rollable phone project. “I can firmly deny that such a decision regarding future mobile products has been finalized,” the spokesperson told The edge.
The wording is a bit vague, the company has not decided to put the project on the back burner, but it has not decided to go ahead either. It has a working prototype, which it demonstrated at CES, but concrete launch plans for a consumer device have not been revealed so far.
Earlier this year TheElec reported that the company was considering exiting the mobile business, which LG initially denied, but it was later revealed that the company was in talks with a potential buyer. No final decision has been made on this front either.
Even if LG stops making phones itself, it won’t quit the mobile business entirely – the company has reportedly recently developed foldable displays for Apple. The company is also one of the OLED panels used in the iPhone 12 series.
We are sorry that this post was not useful for you!
Let us improve this post!
Tell us how we can improve this post?