LG Electronics fans bemoan end of era as firm exits smartphone business

Electronics smartphones rued the loss of more affordable Android-based devices after the South Korean tech company said on Monday it would quit the business, with some praisingsmartphone users in South Korea and the United States posted nostaLG

still holds a roughly 10% share of the U.S. smartphone market, according to researcher Counterpoint, though its slice of the global pie is just 2%. “Please release the Rollable phone before you die,” said one user on a 300,000 member-strong forum on Naver, South Korea’s largest online search portal, referring toFans fondly noted some of the company’s more unique designs, such as a T-shaped dual screen, as well as features including a double-tap to turn a screen on and off.smartphones, told Reuters.

Its smartphone division logged nearly six years of losses, totaling roughly $4.5 billion by the end last year.“The writing has been on the wall for a long time … things didn’t improve,” said user cdegallo on Reddit. —Reporting by Joyce Lee and Heekyong Yang in Seoul; Additional reporting by Shubham Kalia in Bengaluru; Editing by Sayantani Ghosh

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S. Korea’s LG Electronics to close down smartphone businessLG Electronics, once considered a pioneer of the Android operating system, has long struggled to increase sales after entering the market late and facing tough competition from emerging cheaper Chinese rivals. | AFP AFP It's sad
Source: inquirerdotnet - 🏆 3. / 86 Read more »

LG becomes first major smartphone brand to withdraw from marketIts decision to pull out will leave its 10% share in North America to be gobbled up by smartphone titans Apple and Samsung Electronics.
Source: rapplerdotcom - 🏆 4. / 86 Read more »

S. Korea’s LG Electronics to close down smartphone businessLG Electronics, once considered a pioneer of the Android operating system, has long struggled to increase sales after entering the market late and facing tough competition from emerging cheaper Chinese rivals. | AFP AFP It's sad
Source: inquirerdotnet - 🏆 3. / 86 Read more »

LG becomes first major smartphone brand to withdraw from marketIts decision to pull out will leave its 10% share in North America to be gobbled up by smartphone titans Apple and Samsung Electronics.
Source: rapplerdotcom - 🏆 4. / 86 Read more »