RIP, LG Mobile – electronics giant exits the camera phone business

RIP, LG Mobile – electronics giant shutters its camera phone business
(Image credit: LG)

Electronics giant LG has announced that it is closing its mobile phone division, with the expected wind down of the business expected to be completed by 31 July.

Once the third-largest smartphone supplier in the world, responsible for industry innovations such as introducing wide-angle cameras, the South Korean behemoth has seen its phone division bleed $4.5 billion (approximately £3.2 billion / AU$5.9 billion) in the past six years. 

Thank you for reading 5 articles this month* Join now for unlimited access

Enjoy your first month for just £1 / $1 / €1

*Read 5 free articles per month without a subscription

Join now for unlimited access

Try first month for just £1 / $1 / €1

James Artaius
Editor

James has 22 years experience as a journalist, serving as editor of Digital Camera World for 6 of them. He started working in the photography industry in 2014, product testing and shooting ad campaigns for Olympus, as well as clients like Aston Martin Racing, Elinchrom and L'Oréal. An Olympus / OM System, Canon and Hasselblad shooter, he has a wealth of knowledge on cameras of all makes – and he loves instant cameras, too.