The first wave of folding phone announcements is nigh, with Samsung, Huawei, Xiaomi and others expected to show devices this month. But the one company I’d expect to join them — LG — says it’ll be sitting this one out.

Though LG is the same company that’s been wowing us with rollable TVs, it just told reporters that it’s “too early” to produce a folding phone.

Here’s what LG Electronics mobile and TV boss Brian Kwon said during a press conference in Seoul, as...

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