Tech giant LG who recently announced it was exiting the smartphone market, may have decided to sell off the remnants of its unreleased models to the company’s staff. A recent tweet by a Twitter user with the name @FrontTron indicates that the company’s staffers in South Korea have the opportunity to purchase the few remaining models at an extremely cheap price.
The tweet also detailed around 3,000 units of the unreleased models to be available to the Korea-based staff of LG Electronics. The devices on offer are the LG Rainbow/Velvet 2 Pro and the LG Rollable, both of which were never released.
The Velvet 2 Pro is what should have been the successor of the LG Velvet that was released last year but it wasn’t released before the company announced its exit from the smartphone market. The stand-out feature of the Velvet 2 Pro is its pressure-sensitive touch sensor button which controls the volume and serves as the power button.
The Velvet 2 Pro is an all-around improvement from its predecessor, although the Twitter post did not offer much on the specifications of the models that were on sale. We, however, know that it comes with a triple camera setup at the rear and a front camera housed in a waterdrop notch.
The leak mentioned that the auctioned devices would only enjoy six months of technical support and no software updates. It also indicated that the Velvet 2 Pro would be sold to staffers for around $170. The outlook is that there could be a surge of demand in-house. The company is also prohibiting a resale of the models by successful buyers.
The moves by LG in selling off unreleased products is a culmination of its decision to pull out from the smartphone market, which was made public in April 2021. There could still be a few other unreleased LG models that may also be sold off via the in-house template.
RELATED:
- LG announces the US pricing and availability of its 2021 Sound Bars
- LG Display to scale up its TV OLED production capacity in China
- LG Innotek to sell LED patents and equipment to Chinese company
(via)
