Posted on 04/05/2021 1:03:33 AM PDT by Berlin_Freeper
South 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.
(Excerpt) Read more at reuters.com ...
I purchase brand new 2 and 3 year year old Samsung basic smart phones for under $100.00
Amazing.
Has everyone forgotten about the Windows Phone?
I got mine in 2012, and it finally died two weeks ago.
Rest in Peace, little buddy.
I’ve always liked LG phones better than Samsung.
I kinda remember it. When they came out with their flagship phone they made it exclusive to one carrier. Had it been available I would have bought one.
LG Reference bump
Thanks.
That is, the microphone, camera, GPS, and/or cell tower communications could not be turned by software on if the user/owner turned off the physical switch for any of those items.
Built in support for encrypted email, and voice/audio, out of the box would be a plus.
In short, a non-spy phone ought to have a very large market, and would only grow.
Apparently the Samsung chaebol is too much for the LG chaebol.
What is a chaebol?
Its a vertically integrated conglomerate that spans multiple industries or sectors. There are internal forces with the chaebol that pressures industries, sectors, business units within the chaebol to do as much business as possible inside the chaebol and less of buying from or offering contracts to business units outside the chaebol. When the chaebol is depending too much on some type of business outside the chaebol, the chaebol will seek to expand into that type of business.
Translation - When it comes to smart phones, LG is less vertically integrated than Samsung and cannot achieve the internal cost advantages that Samsung can. But LG also made some product missteps and mistakes along the way, which helped it fail to grow its market share.
And there is no other chaebol in Korea with industry interests that would have any measurable synergy with the smartphone business sector, so LG was willing to look for a foreign buyer, but failed.
That sucks. They make a decent product. And their Classic Flip Phone is dirt cheap and runs AOSP Android, not the spyware-filled Google version of Android.
I had 2 LG phones. They were very good phones - one was obsoleted by 4G, the other I dropped and broke in a way that was not economical to repair. Got a decent deal on a Samsung and switched - have been happy with them also.
They needed Pfizer’s marketing department.
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