At CES 2021, LG confirmed the world its rollable smartphone prototype that it initially deliberate to launch in 2021.
However, South Korean publication Yonhap News says that LG has advised its show supplier and different elements suppliers that the machine is on maintain.
Previous information indicated LG was planning to unveil its rollable show in March of 2021, but when Yonhap’s report is correct, that’s not the case.
LG’s cell enterprise has been struggling since 2015, and now analysts say that the phone-maker will both shut down its cell enterprise or scale it again considerably.
Additionally, earlier this yr, Kwon Bong-Seok, the CEO of LG Electronics, stated that the corporate is altering the course of its cellphone enterprise.
“The company is considering all possible measures, including sale, withdrawal and downsizing of the smartphone business,” stated Bong-Seok, so a delay of such a big announcement like a rollable is smart.
LG might be pausing the project to make sure that the underlying know-how behind the rollable display screen works reliably, however then again, this might be a whole cancellation of the rollable smartphone altogether.
Source: Yonhap News