An LG spokesman denied Yonhap’s announcement that the company has suspended development of the LG Rollable sliding screen phone. However, the company was also unable to confirm that such a smartphone will still appear on the market.
He added that the company has not yet made a final decision. LG has a working prototype that it showed off at CES, but specific plans to launch the device for the mass market have yet to be agreed.
Earlier this year, TheElec announced that the company is considering exiting its mobile business. LG initially denied these rumors, but then it turned out that the company was in talks with a potential buyer. The final decision on this matter has not been made yet.
Even if the company stops producing its own smartphones, its LG Display division will continue to supply panels for smartphones from other manufacturers. The company produces some of the OLED panels used in the iPhone 12 series. In addition, according to the latest data, the company is developing foldable displays for Apple.
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