, LG Electronics is updating the period. Existing customers of premium phones can expect software updates.
The South Korean electronics giant on Thursday promised two to three years of software updates for existing customers of premium LG smartphones. LG Wing, Velvet, G-Series or V-Series phones should receive a three-year Android operating system upgrade from 2019, LG says, while 2020 models such as the LG Stylo and K Series that are set to receive two updates.
Read more: LG once exits iPhone from iPhone. Now it is going out of the phone business completely.
Despite a bold history of innovation, LG plans to wind up its smartphone business by the end of July, after years of losses as it struggles for market share against the markets associated with Apple and Samsung, and Chinese brands such as Xiaomi and Oppo aggressively expand. Internationally.
LG said it would continue to manufacture smartphones through the second quarter to meet contractual obligations for carriers and partners, meaning that interested customers could still purchase LG phones in inventory.