Jason Holmes 
According to a new report from the Korean outlet Chosun, LG has discontinued its V60 successor for an indefinite period.
LG should begin testing the phone, codenamed Rainbow, in late February for a March launch. The company reportedly stopped communicating with local airlines regarding the rainbow release.
It’s rumored that LG’s Rainbow phone is a traditional-looking smartphone, unlike the Explorer Project roll-up phone (which LG demonstrated at CES), which is expected in 2021. Rumor has it that the Rainbow is the LG V70 with a Snapdragon 888 chipset and support for a pen.
This isn’t the first Korean report of an LG phone to be put on hold. Yonhap reported that LG put its rollable phone on hold, a report that was then officially rejected.
Previous reports said LG is looking for a buyer for its emerging smartphone branch. Turbulent times indeed for LG Mobile.
