REUTERS/Steve Marcus/File Photo
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 smartphone titans Apple Inc and Samsung Electronics. In better times, LG was early to market with a number of cellphone innovations including ultra-wide angle cameras and was once in 2013 the world's third-largest smartphone manufacturer behind Samsung and Apple.
Now its global share is only about 2%. It shipped 23 million phones last year which compares with 256 million for Samsung, according to research provider Counterpoint.
The First Major? You Guys Can't Write Or Research For Shit, You Are Useless 👎👎👎
lg cant sell phones
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