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LG Mobile is increasingly problematic because the parent company is seeing success in other areas, but that’s being countered by a poor-performing smartphone business.
LG Mobile met its end for numerous reasons, but a few things were bigger factors in the eventual doom of its business. Like lack of updates.
LG on Sunday became the latest legacy phone-maker to exit "the incredibly competitive mobile phone sector" as it struggles in a market dominated by Apple , Samsung and growing Chinese manufacturers.
We’ve already said our goodbyes to LG after it shuttered its Mobile divison in 2021. But while time may heal all wounds, for me, there still exists a dull ache in my heart where LG’s ...
LG’s mobile division is in a state of flux, where new executives are considering new phones and new projects, all with the intention of turning the company’s fortunes around. The good news is ...
It’s been a year since LG’s mobile division called it quits, leaving a sizable void in the US’ prepaid market. While Motorola and OnePlus scooped up some of that market share, Samsung has ...
LG's smartphone business still continues to lose money at an alarming rate. The Korean firm cut its losses in its Q4 2017 financial period to minus RKW ...
After months of rumours, LG has officially announced they are closing its mobile business unit, citing an "incredibly competitive mobile phone sector." ...
LG’s premium devices may have been interesting and unique, but the market spoke, and the company’s mobile phone exit became seemingly inevitable.
Here’s some numbers for you. Last quarter, LG Mobile reported a $331 million loss. Samsung, on the other hand, made $3 billion from its mobile business. Even with LG producing improved hardware ...
LG's mobile sales are a not only a drag on its other businesses, but an embarrassment next to its nemesis, Samsung. To address that, the company has made a "sweeping realignment" of its businesses ...
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