As many of you probably know by now LG has decided to leave the smartphone business because it is “incredibly competitive. “Just like Sony and HTC, LG cut a lot of money in the phone business and the returns have been quite low.
After losing no less than $ 4.5 billion in six years, the South Korean company decided to leave the company and move resources to other areas such as vehicle components, connected devices, smart homes, robotics, artificial intelligence, and business-to- Focus on business solutions. as well as platforms and services.
Well, as far as what happens to all of this LG Smartphones that many people still use The South Korean giant was pretty vague last week when the official announcement went online. While LG said it will provide support and software updates for those who are still using its phones, it hasn’t provided any schedules.
Today LG returned with further clarifications on the matter. In a press release released todayLG promises that all premium smartphones currently in use will receive up to three iterations of Android operating system updates from the year of purchase.
It’s important to mention that the three Android OS update warranty is only for LG Premium phones released from 2019 onwards, e.g. velvet, and wing. However, 2020 models like the LG Stylo and K will continue to receive major updates to Android operating systems. The number of updates is limited to two instead of three.
Even though LG has announced that it will be leaving the cellular business by the end of July, it will continue to manufacture phones in the second quarter to meet contractual obligations to network operators and partners.