LG Will Shut Down Smartphone Business, to Focus on Smart Home and Robotics.<br />LG announced that it will abandon its <br />mobile business by the middle of the summer.<br />The company will continue to <br />provide software updates and service <br />for current LG phone users for "period of time.".<br />LG will continue to leverage its mobile expertise and develop mobility-related technologies such as 6G to help further strengthen competitiveness in other business areas, LG Statement, via CNET.<br />Core technologies developed during the two decades of LG's mobile business operations will also be retained and applied to existing and future products, LG Statement, via CNET.<br />US carriers including AT&T stated that they will <br />"continue to support those using LG devices on <br />our network as LG makes this transition." .<br />In leaving the smartphone market, <br />LG joins the likes of Nokia and BlackBerry.<br />LG has not yet announced <br />layoffs or closures, leaving <br />open the possibility that its mobile <br />facilities could be repurposed
