LG Exits Smartphone Market / Samsung's position in Mobile Tech

[JAMES4578]

Been speculation for  a  little while and whilst not yet official  it seems there are strong indications  that the decision will be made.  LG has struggled with profitability in this area in recent years though certainly used to be one of the players with some innovative phones such as the LG Wing.   We should find out for sure on Monday 5 April.   Whilst had small market share still an opportunity for Samsung and other manufacturers.  https://www.techradar.com/uk/news/lg-looks-ever-more-likely-to-be-quitting-the-smartphone-business 

The failure may well be due to  combination of  being behind the curve initially, failed experiments  and insufficient software support  (though the hardware  was  generally mediocre) plus poor marketing.

https://piunikaweb.com/2021/02/14/what-went-wrong-with-lg-smartphones/ 

https://www.counterpointresearch.com/lg-smartphone-story/ 

[Silleenmayrosienamai]

You are ausome keep it 💯 👌 up

[JAMES4578]

Official confirmation contained in this article from  xda   https://www.xda-developers.com/lg-exits-smartphone-business/ 

[JAMES4578]

Noticed an article from 2015 predicting Samsung's  smart phone Business was in trouble but things have changed somewhat over the years  https://www.extremetech.com/extreme/217424-analyst-claims-samsung-will-abandon-the-smartphone-market...  More recent articles here :

https://news.samsung.com/global/samsung-lit-the-path-for-5g-now-its-leading-in-global-sales 

https://karansinghreen.medium.com/how-samsung-became-the-biggest-smartphone-brand-with-android-17210...