https://wccftech.com/lg-abandon-foldable-smartphone/

Most smartphone makers are betting on foldable smartphones as the next big things. Samsung, Xiaomi, and Huawei are all gearing up to release their bendable phones and with the impending arrival of 5G, it seems that hybrid devices bearing foldable displays would become something of a necessity to leverage the increased data speeds.

However, LG is apparently not ready to dip its toes into this category of handsets yet. After all, the company which has experienced tremendous growth in its appliances and entertainment business has not witnessed the same success in its mobile division, suffering 15 successive quarterly losses.