LG says it isn’t launching a folding phone

The first wave of folding phone announcements is nigh, with Samsung, Huawei, Xiaomi and others expected to show devices this month. But the one company I’d expect to join them — LG — says it’ll be sitting this one out.

Though LG is the same company that’s been wowing us with rollable TVs, it just told reporters that it’s “too early” to produce a folding phone.

Here’s what LG Electronics mobile and TV boss Brian Kwon said during a press conference in Seoul, as reported by The Korea Times:

“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…

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