As it is known, since the beginning of this month, the LG company has officially stopped manufacturing and marketing its smart phones, after the great loss it suffered and its inability to compete, but the company will not completely sever its relations with smart phones, as it will, Calculates new reports, marketing Apple phones.
And it seems that LG wants to anticipate the stage in which its stores will be free of its smartphones, and quickly wants to compensate for this shortage. According to news reports coming from South Korea, and exactly from Business Korea, Apple and LG are still in the process of negotiations to allow the sale of Apple smartphones in LG stores in South Korea, but information is still inaccurate about this and whether only smartphones will be negotiated or will the agreement also include other devices such as iPads and Mac computers, and whether LG stores will have the right to do repairs and other things.
According to Business Korea, quoting a LG official, a final decision has not been reached yet. However, it is likely that LG will want to close the deal by the end of July, when the last sales of LG phones will expire. There are more than 400 best LG stores located across South Korea, so this could be a significant expansion of Apple’s retail space in the country.
It is noteworthy that LG announced in a statement on Monday, April 5, that its decision to stop making smartphones will enable the company to focus resources in growth areas such as components for electric vehicles, connected devices, smart homes, robotics, artificial intelligence, and business solutions, as well as platforms And services, while noting that the company will ensure that existing phones will remain on sale, and LG says it will continue to support its products “for a period of time that will vary by region.”
After the closure of the branch specialized in the smart phone industry, it is preparing to transfer employees in this sector to other units, while the sources say that the South Korean company will focus on other businesses such as electronics, screens and the home appliance industry.