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The LG Wing in swivel mode showing two screens.
7 smartphone trends that LG pioneered and others copied

LG's smartphone business is no more. We look back at seven things LG smartphones introduced that have since been copied by other brands.

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After weeks of rumors, LG Electronics has officially announced it is shutting down its mobile phone business. While the writing has been on the wall for a while -- LG's mobile business has been a money-loser for the otherwise very profitable South Korean tech giant -- it still leaves many of us phone enthusiasts sad.

LG shut down smartphone business
LG may shut down its smartphone business since it can't find a buyer

LG has reportedly not been able to sell off their money-losing smartphone business, which may lead to them just shutting it down altogether.

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The history of LG's smartphone division has been one of constant failure and tragedy in the last few years. Despite their constant attempts to innovate and shake things up, they have failed to really make a profit off their smartphone business. While they often make headlines and do their best at keeping things fresh with weird concepts like the LG Wing, the reality is that their smartphone division is still constantly losing money, and their efforts to turn that tide around are not working that well. LG was previously reported to be in talks for selling off their smartphone division, but their search for a buyer is reportedly not going very well, and they might be forced to throw the towel and shut down their smartphone business.