LG Phone Exit... Tearful Clearance Sales of 'LG Wing' and More at LG Uplus

Additional Discounts and Fare Support for U-Shop

[Asia Economy Reporter Cha Min-young] As LG smartphones disappear into history on the 31st, LG Uplus is going all out to clear out the remaining inventory with cash support and prize events.

According to the industry on the 31st, LG Uplus is holding the "Adieu, LG Smartphone Warehouse Clearance" event on its official online mall, U Shop, until the 1st of next month. They are offering subsidies ranging from 22,950 to 79,500 KRW or discounts on fees as additional discounts on U Shop. The discount benefits vary for each individual model.

The event targets four smartphone models: 'LG Wing', 'LG-Q92', 'LG Q61', and 'LG Q51', as well as two tablet PCs: 'LG G Pad 5' and 'LG G Pad 4'. In particular, the LG Wing, featuring a unique horizontally rotating form factor, attracted attention as the latest premium smartphone.

There is also a prize event. Customers who purchase and activate the eligible smartphones or tablet PCs and maintain the line for two weeks qualify to participate. Through a draw, prizes such as a 'LG OLED TV 65-inch' stand type, 'LG CordZero A92 ThinQ', portable air conditioner, and wireless earphones 'LG Tone Free' will be provided.

LG Electronics plans to maintain after-sales service (AS) for a certain period even after withdrawing from the mobile business. The free warranty period for mobile devices is two years from the purchase date for customers who bought products after January 1, 2020, while batteries, accessories, tablet PCs, and watches have a one-year warranty. AS is provided for four years from the manufacturing month. OS upgrades are supported for three years for premium models and two years for some entry-level models. The security software (SW) update period is three years after product release.

As of the 31st, LG Electronics will end production and sales of the Mobile Communications (MC) division, which was responsible for the smartphone business. This marks 26 years since LG Information & Communications, the predecessor of the MC division, started the mobile business in 1995. The MC division has posted operating losses for 24 consecutive quarters from the second quarter of 2015 through the first quarter of this year. The cumulative operating loss exceeded 5 trillion KRW by the end of last year.

This content was produced with the assistance of AI translation services.