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LG Is Finally Giving Up On Its Yearly Smartphone Cycles

6 monthes ago   |   By Inquisitr

After what could be an 11th consecutive quarter of losses, LG is finally pulling the plug on its yearly smartphone cycles. While the LG G7 and the LG V40 might still see the light of day, LG CEO Electronics Vice Chairman and CEO Cho Seong-jin confirmed in a statement at CES 2018 that the South Korean tech conglomerate would not release flagship smartphones on a yearly basis anymore.
In a lot of ways, the decision makes perfect sense for LG, a smartphone manufacturer that unfortunately gets eclipsed by more popular rivals most of the time. Over the past few years, LG has released handsets...
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