This information is based on a new report by the Dutch site All About Phones. The website has carried an interview with Kim Wong, Head of LG Europe, who says, "There are currently no plans for a Nexus 5 made by us. We don't need that kind of marketing exposure anymore. The Nexus 4 was a great success, even with the supply issues and we have a great relationship with Google. But we won't make the Nexus 5."
This statement is contrary to the news reports that suggested that LG is currently working on the next iteration of the Nexus smartphone.
At this event, Wong also shared that the company will not be launching any smartphone that comes with a flexible screen in 2013. He mentioned that this technology is not yet mature and that we will have to wait a bit longer to have a smartphone with a flexible display.
Furthermore, at this very event LG has shared its plans to get back into the tablet space. While talking to All About Phones, Wong shared, "The tablet market is currently fairly segmented, nevertheless we continue to invest in it". Wong even went on to confirm that the Korean Chaebol is currently working on an Android tablet but did not share the time frame by when this tablet will see the light of the day.
Kim Wong in his remarks also mentioned that the company has an exciting array of devices that it intends to launch in the latter part of this year and aims to continue this momentum till early half of 2014.
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