That's sad. I know people that had LG phones that were happy with them.
Besides the G3, G4, their S counterparts, and the V20, their phones were kind of a failure.
The G3/4 had bootloop issues that quite a few people encountered.
Then with G5 they had a generally good phone, but they made an SE version that gimped the RAM so that the phone lagged, so people outside of US didn't like the performance of the device. Then the entire ecosystem around modular never showed up. That said, it was a good phone, just pricey at launch.
And that basically sums up LG, they completely overprice their phones out of the market/into a segment the device does not compete with, then a few months later offer it on extreme specials and wonder why the profit margins aren't that high. They also constantly make different versions for each market, e.g. South African side in budget phones they took out the NFC chip and fingerprint sensor that every other market had, but there was no way of knowing that unless you bought the phone and in-store if comparing with e.g. Samsung at the same time, those were usually a little cheaper with better hardware specs (only the skin was bad).
Then the entire
fiasco with dropping G5 and V20 software support before 2 year promise was over, they did backtrack on it after huge backlash, but that basically ended any chance they had with techies, who are usually the people friends go to to get phone recommendations. Then their tendency to keep announcing phones months in advance without a price, by the time it came out everyone forgot about it and the industry moved forward. I remember waiting for the LG 7 One, got announced in May 2018 (ignore GSM Arena, they're saying when announced for region with price), released October 2018 at 350 EUR while e.g. the G7 is 300 EUR with way better specs, so you get to pay 50 EUR premium for Android One including an older gen SoC (835 vs 845), less RAM (4 vs 6GB, but 4GB if you get 32GB model for both), worse camera, no ultra wide and both had small 3000mAh batteries.
LG mobile just kept shooting itself in the foot with every move they made, it seemed like after the G4 they went with whatever the worst idea that was mentioned in the boardroom.
In regards to selling the business rumors, that was never going to happen as can't sell LG as a brand, and can't sell the primary advantage they had which was display production, so the fact that LG just shut it down was the expected result.
