By Joyce Lee and Haikong Yang

    SEOUL (Reuters) – With some reward for the innovation LG has dropped at the trade, followers of LG Electronics have suffered the lack of the South Korean tech firm’s extra reasonably priced Android-based units, the South Korean tech firm mentioned on Monday.

    LG smartphone customers in South Korea and the US posted detached tributes on social media after asserting the agency’s exit, citing a chronic gross sales stoop. In response to researcher Counterpoint, LG nonetheless holds about 10% share within the US smartphone market, though the slice of the worldwide pie is simply 2%.

    A consumer on a 300,000 member-strong platform on Naver, South Korea’s largest on-line search portal, mentioned, “Please launch rollable telephones earlier than you die, referring to LG’s newest expandable show at / information / lg -Roleable-Cellphone-Make-Seas -2021-as-and-intrigue idea that the corporate flopped on the CES commerce present in January.

    Followers famous among the firm’s extra distinctive designs, comparable to options together with a T-shaped twin display screen, in addition to a double-tap to show the display screen on and off.

    “LG has the very best audio {hardware} of any telephone,” Kim Dong-woon, who has used six LG smartphones, informed Reuters. “It is a disgrace LG is withdrawing.”

    Influential American technical reviewers echoed the sentiment.

    YouTuber Austin Evans mentioned on Twitter, “LG was by no means excellent however they delivered among the most unusual telephone designs, concepts and options on this planet of boring slabs.”

    LG, which had been making cell phones for nearly 1 / 4 of a century, ultimately fell behind rivals Apple Inc. and Samsung Electronics Co. Ltd. as a result of low advertising and marketing and gradual software program updates.

    By the tip of final 12 months, its smartphone division had a deficit of just about six years, grossing $ 4.5 billion.

    For all of the fundics, some criticized the telephone, saying the shutdown was inevitable.

    Person Sedglow on Reddit mentioned, “The writing has been on the wall for a very long time … issues haven’t improved.”

    (Reporting by Joyce Lee and Hyekong Yang in Seoul; Extra reporting by Shubham Kalia in Bengaluru; Enhancing by Sayantani Ghosh)

    Latest articles

    Related articles