During the Consumer Electronics Show in January, LG introduced a rollable TV. This is an advanced technology one step ahead of foldable technology. We have reviewed releasing the foldable smartphone when launching 5G smartphone but decided not to produce it.

The market demand for smartphones is expected to be at around 1 million but LG’s main issue in smartphone business is to regain its market position. Considering this situation, it is too early for LG to launch a foldable smartphone. In terms of technology, we are fully ready to respond depending on consumers’ reactions (to foldable smartphones).

Industry rumors are opposite, LG can't yet make proper foldable screens for retail market, despite making folding TV in very small volumes.

LG, Sony and HTC can all quit smartphone market during 2019, and in case of Sony we will see significant consequences to camera department. As undisclosed source told that Sony actually used smartphone department with its big losses to hide many expenses of camera department and keep it looking much better than it was in 2018. Due to lot of common tasks in software and hardware development it is very possible.