The Associated Press
LG's board approved the shift in strategy and the company expects to fully exit the mobile phone business by the end of July, it said in a statement. It was still No. 3 in North America, with a 13% market share behind Apple's 39% and Samsung's 30% as of the third-quarter of 2020, according to Counterpoint Technology Market Research.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
The issues that some of their phones had after 3+ months of use was hard to overlook, but I'll always appreciate them for daring to be different.
good luck
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Korea's LG becomes first major smartphone brand to withdraw from marketSouth Korea's LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. PM me if you’re interested in earning $105 by online trading daily, PM me if you have a phone or PC let’s go ✅ Still remember my first smart cell phone is LG. ogwang256 Told you this a few
Source: Reuters - 🏆 2. / 97 Read more »
South Korea's LG becomes first major smartphone brand to withdraw from marketSouth Korea's LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Check this documentary on what happened to LG 👇 End of the road for LG phones|Catch up series on the history of LG phones That's too bad! Their phones were dope! thanks for the LG G4 defo the phone of its time the spec, quality & unique design was 4g compatible, leather back & made even the hard core Samsung & iPhone users look over twice, yep why? even Samsung users did not at the time have Android’s new OS courtesy of Google 🤷♂️👌👍
Source: Reuters - 🏆 2. / 97 Read more »
South Korea's LG becomes first major smartphone brand to withdraw from marketSouth Korea's LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Its decision to pull out will leave its 10% share in North America, where it is the No. 3 brand, to be gobbled up by Samsung Electronics and Apple Inc with its domestic rival expected to have the edge. 'In the United States, LG has targeted mid-priced - if not ultra-low - models and that means Samsung, which has more mid-priced product lines than Apple, will be better able to attract LG users,' said Ko Eui-young, an analyst at Hi Investment & Securities.
Source: YahooNews - 🏆 380. / 59 Read more »
LG becomes first major smartphone brand to withdraw from marketSouth Korea's LG Electronics Inc said on Monday it will wind down its loss-making mobile division - a move that is set to make it the first major smartphone brand to completely withdraw from the market. I have been trading and have had many experience but I have gained more ever since I meet Jasonsallm_l I have made profit of 10k for the past 1weeks with a Investmet of 1100 and I have access to my account,thanks to Jasonsallm_l Very sad, there phones were amazing. There phones were amazing..
Source: Reuters - 🏆 2. / 97 Read more »
After Years Of Losses, LG Is Shutting Down Its Smartphone BusinessLG was the third biggest smartphone brand in the U.S. with a 11% share of the market. Ipapo vagona They must stick to producing Smart TVs and electronic gadgets for Homes etc.
Source: Forbes - 🏆 394. / 53 Read more »