Trending News

Blog Post


LG Electronics followers bemoan finish of period as agency exits smartphone enterprise By Reuters 


© Reuters. Mock previous model LG Electronics’ smartphones are displayed at a retailer in Seoul


By Joyce Lee and Heekyong Yang

SEOUL (Reuters) – Followers of LG Electronics smartphones rued the lack of extra reasonably priced Android-based gadgets after the South Korean tech firm stated on Monday it will give up the enterprise, with some praising LG for the innovation it delivered to the trade.

LG smartphone customers in South Korea and america posted nostalgic tributes on social media after the agency introduced the exit, citing a chronic gross sales droop. LG nonetheless holds a roughly 10% share of the U.S. smartphone market, in response to researcher Counterpoint, although its slice of the worldwide pie is simply 2%.

“Please launch the Rollable cellphone earlier than you die,” stated one person on a 300,000 member-strong discussion board on Naver, South Korea’s largest on-line search portal, referring to LG’s newest expandable show idea that the corporate flaunted on the CES commerce present in January.

Followers fondly famous a few of the firm’s extra distinctive designs, reminiscent of a T-shaped twin display, in addition to options together with a double-tap to show a display on and off.

“LG has a few of the greatest audio {hardware} of any cellphone,” Kim Dong-woon, who has used six LG smartphones, informed Reuters. “It is a disgrace that LG is withdrawing.”

Influential U.S. tech reviewers echoed the feelings.

“LG have been by no means good however in a world of boring slabs they delivered a few of the most unusual cellphone designs, concepts and options ever,” stated YouTuber Austin Evans on Twitter.

LG, which had been making cellphones for a few quarter of a century, finally fell behind rivals Apple Inc (NASDAQ:) and Samsung Electronics (OTC:) Co Ltd, partly attributable to lacklustre advertising and gradual software program updates.

Its smartphone division logged almost six years of losses, totalling roughly $4.5 billion by the tip final 12 months.

For all of the fandom, some criticised the telephones, saying the shutdown was inevitable.

“The writing has been on the wall for a very long time … issues did not enhance,” stated person cdegallo on Reddit.

Disclaimer: Fusion Media want to remind you that the info contained on this web site just isn’t essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs are usually not supplied by exchanges however fairly by market makers, and so costs might not be correct and should differ from the precise market value, that means costs are indicative and never applicable for buying and selling functions. Subsequently Fusion Media doesn`t bear any accountability for any buying and selling losses you may incur because of utilizing this knowledge.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or injury because of reliance on the knowledge together with knowledge, quotes, charts and purchase/promote indicators contained inside this web site. Please be totally knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is likely one of the riskiest funding kinds attainable.

Supply hyperlink

Related posts

Leave a Reply

Required fields are marked *