An LG spokesperson has denied Yonhap’s report that the corporate has put the LG Rollable cellphone undertaking on maintain. “I can firmly deny that any such resolution on future cellular merchandise has been finalized,” mentioned the spokesperson to The Verge.
The wording is a little bit obscure, the corporate hasn’t determined to mothball the undertaking, nevertheless it hasn’t determined to go ahead both. It has a working prototype, which it demoed at CES, nonetheless concrete launch plans for a mass market system haven’t been revealed up up to now.
Earlier this yr TheElec reported that the corporate is contemplating exiting the cellular enterprise, which LG denied initially, however then it was revealed that the corporate has been in talks with a potential buyer. No ultimate resolution has been reached on this entrance both.
Even when LG stops making telephones itself, it won’t absolutely exit the cellular enterprise – the corporate was not too long ago reported to be developing foldable displays for Apple. The corporate additionally makes a part of the OLED panels used within the iPhone 12 sequence.