LG believes that foldable phones are still in a very early stage

Since the beginning of the year, there have been rumors that several major phone manufacturers, such as Samsung, have made their way to the world of foldable smartphones, and that such devices will soon be available for sale.

ΩHowever, one of the great powers in the world of smartphones will not take part in the upcoming battle of foldable mobiles. THE LG prefers to stay uninvolved and see how this fashion will evolve, so that she can make her move later.

LG head of mobile division Brian Kwon told reporters that the company decided it was not a good time for it to build its own foldable phone.

Kwon told the Korean Times that the company was considering launching a foldable smartphone at the same time as its 5G device, but eventually decided at the last minute not to start production.

The reason this decision was made is that LG has bigger problems and more important goals to achieve right now. According to Kwon, the market demand for smartphones is expected to be around one million, but the main issue for LG is to regain its position in this market.

Based on the current situation of LG, it is too early for the company to release a foldable smartphone, at a time when it is having difficulty selling its conventional devices.

However, Kwon clarified that if consumers respond positively to foldable smartphones, the company has the technology needed to build its own foldable device.

Just as we mentioned at the beginning of the news, LG is waiting to see that there is real demand and the market is ready to welcome foldable phones, before using resources to build such devices.

Something that may not be such a bad idea. However, we have to consider that people were not receptive to the idea of ​​mobile phones without a physical keyboard and we all know the culmination of this idea. We did the same with the notch, which many people hate, but 9 out of 10 devices have it and make record sales.

Source