Tuesday, 16 September 2025
28.2 C
Singapore
32.1 C
Thailand
29.4 C
Indonesia
27 C
Philippines

LG to close mobile phone business worldwide

LG Electronics Inc. (LG) announced that it is closing its mobile business unit. The decision was approved by its board of directors. LG’s strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence […]

LG Electronics Inc. (LG) announced that it is closing its mobile business unit. The decision was approved by its board of directors.

LG’s strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services.

In Singapore, there is currently no inventory with authorized retailers. All OS updates have been completed on the models available locally, and LG Electronics (Singapore) will continue to provide service support for customers of existing LG mobile products until further notice.

Moving forward, LG will continue to leverage its mobile expertise and develop mobility-related technologies such as 6G to help further strengthen competitiveness in other business areas. Core technologies developed during the two decades of LG’s mobile business operations will also be retained and applied to existing and future products.

The wind down of the mobile phone business globally is expected to be completed by July 31 although inventory of some existing models may still be available after that.

Hot this week

Beijing AIForce Technology wins PepsiCo’s 2025 Greenhouse Accelerator in Asia Pacific

Beijing AIForce Technology wins PepsiCo’s 2025 Greenhouse Accelerator in Asia Pacific with its autonomous low-carbon tractors.

Bandai Namco launches Dragon Ball Gekishin Squadra with Google Cloud

Bandai Namco launches Dragon Ball Gekishin Squadra, a cross-platform team action game built on Google Cloud’s global infrastructure.

Firefox introduces shake to summarise feature on iPhones

Firefox launches a new “shake to summarise” feature on iPhones, offering AI-powered webpage summaries starting in the US.

NetApp launches StorageGRID 12.0 to accelerate AI workloads and boost data security

NetApp introduces StorageGRID 12.0 with faster AI performance, simplified management, and stronger security for unstructured data.

Maxicare adopts Agentforce to streamline dental authorisations

Maxicare adopts Salesforce’s Agentforce to automate dental authorisations, improving clinic efficiency and member healthcare services.

Biwin unveils Mini SSD, a tiny storage device that could replace microSD cards

Biwin launches Mini SSD, a tiny yet powerful storage device that could replace microSD cards if industry standards are adopted.

Apple brings major upgrades to Powerbeats Pro 2 with iOS 26

Apple adds heart rate, fitness, and smart usability upgrades to Powerbeats Pro 2 with iOS 26, launching on 15 September.

UltraGreen.ai secures US$188 million anchor investment at US$1.3 billion valuation

UltraGreen.ai secures US$188 million anchor investment led by 65EP, Vitruvian, and August, valuing the firm at US$1.3 billion.

ConnectingDNA launches AI-powered DNA wellness marketplace in Singapore

ConnectingDNA launches the world’s first AI-powered DNA wellness marketplace in Singapore, offering personalised health insights and secure data protection.

Related Articles

Popular Categories