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LGE Converting Smartphone Assembly Plant to Appliances
LG confirmed its exit from the mobile business in early April, but it needed some time to wind down operations. According to reports coming out of Kore, today is the last day of production for 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, you can check out the Android 11 update timeline for more details. Some models (including Q-series phones) will get Android 12, the latest premium models are expected to go up to Android 13. Users will be able to receive after-sale services for 4 years from the date of manufacture of the device.
LG confirmed its exit from the mobile business in early April, but it needed some time to wind down operations. According to reports coming out of Kore, today is the last day of production for 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, you can check out the Android 11 update timeline for more details. Some models (including Q-series phones) will get Android 12, the latest premium models are expected to go up to Android 13. Users will be able to receive after-sale services for 4 years from the date of manufacture of the device.
LG had already transitioned some of its production capacity to appliances as a way to keep smartphone factory workers employed. Remaining workers from the phone lines will be reassigned by the end of July. The Haiphong plant was established in 2015 and has been making TVs and appliances in addition to phones. Also, sister companies LG Innotek and LG Display are producing camera modules and displays there. The Korea Herald reported earlier today that LG Electronics is on track to become the biggest manufacturer of home appliances with record high sales of $6.3 billion in Q2. LG topped main rival Whirlpool in Q1, now in Q2 and analysts expect it will remain on top for the rest of the year. Meanwhile, Apple Korea is trying to lure in current LG owners with a trade-in program, offering KRW 150,000 ($135) towards a new iPhone 12 or 12 mini with some rules (e.g. it needs to be a 4G or 5G phone that you have used for at least a month).