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.
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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
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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 »