LG might pull out of smartphone business after all

Smart Android And Trik-Commenting on Andorid indeed never endless, because smart devices this one is often updated every certain amount of time. So that the market can always be garapnya menerinya with pleasure. And it is not denied if this device has become the lifestyle of each society. To not wonder if the 6th business information and many are turning to mobail smartphone. With Android which thoroughly dominated the mobile industry, choosing the best Android smartphone is almost identical to choose the best smartphone, period. But while Android phones have few real opponents on other platforms, internal competition is intense.

From the sleek devices impress with the design premium, up to a full plant furniture features, to a very good device, and affordable mobile phone has a heavy weight, the Android ecosystem inhabited by a diverse range of attractive mobile phone LG might pull out of smartphone business after all LG might pull out of smartphone business after all,But "oversize" are subjective, and sometimes pieces of the specification and a list of features is not enough to get an idea of how good a phone. In this roundup, we look at the absolute best-the Android phone you can't go wrong with. The habits of young people or to accentuate trand blindly lifestyle, make this a medoroang this clever device industry vying to do modifications to the device, with a distinctly vitur vitur-tercanggihnya. So it can be received over the counter LG might pull out of smartphone business after all

LG introduced a rollable smartphone at CES 2021, clearly indicating that the company has not run out of great ideas for its smartphone business. At the turn of the year LG also refuted the rumors about exiting the smartphone business saying these assumptions are “completely false and without merit.”

However in a dramatic turn of events, the company CEO has sent an internal memo, hinting there would be a major change in the mobile division's operation.

LG Twin Towers HQ in Seoul, South Korea

Kwon Bong-seok, Chief Executive at the Korean company, said “regardless of any change […], the employment will be maintained, so there’s no need to worry”. The official explained the market is getting more and more competitive, and it is “about time LG to make a cold judgment.” He also added:

The company is considering all possible measures, including sale, withdrawal, and downsizing of the smartphone business.

The Mobile Communications team accumulated a loss of KRW5 trillion (about $4.5 billion) in the last five years, while the other divisions were posting solid financial results and smashing record after record.

According to Counterpoint, LG shipped only 6.5 million phones in Q3 2020, down from 7.2 million, taking an unimpressive 2% global market share. But while sales aren't great, the company has brought plenty of innovative products so we really hope for the sake of competition that it won't come to it exiting the smartphone game.

Source

Let's block ads! (Why?)

Tweet

Subscribe to receive free email updates: