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LG to Stop Manufacturing Smartphones in South Korea – Report

LG’s is one of the several major smartphone brands which are struggling in competition with the Chinese offerings. At the MWC 2018, the company launched two new flagship smartphones and is trying hard to capture a decent market share. Just like Samsung, LG also has to completely revamp the budget and mid-range lineups in order to stay competitive. While the company actually launches flagship devices with an aggressive price tag, they are always too late to arrive in the stores.

According to Reuters, the company is completely closing down the smartphone manufacturing in its home country. It will be using its manufacturing plant in Vietnam for its future smartphones. LG currently has smartphone manufacturing bases in South Korea, China, Vietnam, Brazil, and India. It primarily manufactures the flagship smartphones in South Korea. The report states that suspending manufacturing in South Korea will help the company is reducing the manufacturing costs.

We still don’t think this move alone will help the company’s smartphone division to stop reporting losses. The company is not only losing money, but it is also seeing a slump in sales. The newly launched LG G8 ThinQ smartphone is yet to be made available in the majority of the markets. On the other hand, the company has officially delayed the launch of LG V50 ThinQ 5G smartphone. The Snapdragon 855-powered LG V50 ThinQ comes with a Snapdragon X50 modem for 5G connectivity.

LG is now working with Qualcomm and local carriers for fine-tuning its first ever 5G smartphone. While Samsung and Huawei have unveiled their foldable smartphones, LG launched the Dual Screen case which adds a secondary display adjacent to the main display of the smartphone. The device sports triple camera setup on the rear featuring 12MP primary sensor with f/1.5 aperture, a 16MP ultra-wide-angle sensor with f/1.9 aperture, and a 12MP telephoto sensor with f/2.4 aperture.

The wide notch on top of the display sports dual selfie cameras –  8MP primary sensor with f/1.8 aperture and a 5MP secondary sensor with f/2.2 aperture. It comes with a 6.4-inch FullVision AMOLED display and offers Quad HD+ (3120 x 1440 pixels) resolution. The device is also IP68 certified for water and dust resistance and MIL-STD-810G certified for its durability. Stay tuned on Phone Radar for more details!

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