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The Morning After: LG quits the smartphone race | Engadget – Engadget

Today’s headlines: LG quits the smartphone race, scientists demonstrate how DNA can be collected from the air and Hyundai’s Genesis broke the world record for the…

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The early reports were right: LG is bowing out of the phone business. With long-running losses and occasionally esoteric devices never quite selling, it makes business sense. LGs dual-screen phones (and the promise of rollable displays
, which well never see now) were not enough to lure consumers away from the likes of Apple and Samsung.
By the end of 2020, its stake in the global phone market was estimated to be around 1.7 percent, and LG announced it would outsource the designs of more of its…

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