The end of LG in the telephone industry? Comments on recent rumors
Doing business with LG phones for several years did not bring a profit. Over the past few years, LG has sought to change the way it does business, marketing and, most importantly, bringing innovative products to market. The effort ended almost without effect. So they began to spread rumors announcing the end LG in the telephone industry. Recent page report The Elec claimed that LG had given up after years of efforts and was ending its telephone industry. LG’s end in the telephone industry she strongly denied it.
According to a report that has now been removed, LG has reportedly recently informed all South Korean employees that closes business with smartphones, and by the end of this month will issue an official announcement of the end of production. The report added that LG earlier this week instructed its employees to stop all development except Project I.. Project I is the code name for the upcoming project scrolling smartphone LG, which was recently introduced at CES.
Ken Hong, Head of Global Communications, said:These are speculations and rumors that are not true. ” So it was really just rumors. We will see for ourselves how successful 2021 will be for the South Korean company LG. With its new scrolling smartphone, LG has shown that does not give up and continues in the field of smartphones.
