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LG stops making phones today, and the plant switches to making household appliances

LG officially confirmed its exit from the mobile business in early April, but it needed some time to wind down its operations. According to reports out of Korea, today is the last day for production of LG phones and tablets.

The company will continue to support existing devices for some time to come. Premium models will get three years of software support, and you can check the Android 11 update schedule for more details. Some models (including Q-series phones) will get Android 12, and the latest premium models are expected to reach Android 13. Users will be able to receive after-sales services for 4 years from the date the device was manufactured.


Once a center for smartphone production, LG's Haiphong factory is now turning to hardware
Once a center for smartphone production, LG's Haiphong factory is now turning to hardware

Once a center for smartphone production, LG’s Haiphong factory is now turning to hardware

LG Electronics’ factory in Vietnam, where most LG phones are manufactured, will shift to home appliances. LG has already shifted some of its production capacity there to hardware as a way to keep smartphone factory workers employed. The remaining workers will be reset from the phone lines by the end of July.

The factory was established in Haiphong in 2015 and manufactures TVs and appliances as well as phones. Also, sister companies LG Innotek and LG Display produce modules for the camera and displays there. You can read more about the future of the Haiphone factory in LG’s press release.

This switch is wise – Korea Herald It reported earlier today that LG Electronics is on track to become the largest home appliance maker with record sales of $6.3 billion in the second quarter. LG topped its main rival Whirlpool in the first quarter, and now in the second quarter and analysts predict it will remain ahead for the rest of the year.

Meanwhile, Apple Korea is trying to entice existing LG owners with a trade-in program, offering 150,000 KRW ($135) to buy a new iPhone 12 or 12 mini with some rules (for example, your 4G or 5G phone must be used for at least one month).

The limited sale of the LG Velvet 2 Pro ran into problems
The limited sale of the LG Velvet 2 Pro ran into problems

As a final farewell, LG was supposed to sell a limited number of LG Velvet 2 Pro foldable phones (around 3,000 units) to employees, however, it didn’t go as planned. The case is blamed “congestion, overcrowding, congestion”.

Source (in Korean) | Across