While the competition in the smartphone market continues to heat up, giant companies that cannot keep up with the market continue to lose blood. The failure of Nokia, a giant of a period, to keep up with the smartphone market cost its popularity. Likewise, the South Korean technology company LG, which cannot keep up with the innovations in the smartphone market, is withdrawing from the sector. Announcing that it will withdraw from the smartphone market in the past months, LG has stopped production as of today.
Stop as of today
Including electronics, mobile phones and petrochemicals that the existing consumers of the company, which is managed by a group of companies operating in many fields, will not be affected by this situation; announced that the warranty, service and software update processes would continue as they were. Asiae, a news agency based in South Korea, announced that the company has completely stopped the production of phones.
Will produce home appliances
100 of them around the world The production facility of the company, which provides employment to more than 82 thousand people in more than business units, became dysfunctional. According to the information received, the technology giant will produce home appliances after redesigning the facility in Vietnam.