Despite the G6 and V30 being fairly good phones, LG’s mobile division has continued to report losses year after year. Last week at CES, LG announced that it would no longer release smartphones on a yearly schedule, instead opting to launch new models “when it is needed.” According to a new report from The Investor, LG CEO and Vice Chairman Jo Seong-jin told the company to start over on the upcoming G7 flagship.

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LG has reportedly scrapped the in-development G7, working on a new design was written by the awesome team at Android Police.

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