Very recent study done by CBC suggests LG phones have the most problems.Which model(s)? What kind of problems? There’s been multiple threads on this forum where members have had excellent experiences with LG over the years. That’s one person you’re referencing out of how many own LG phones.
It is curious that in the smartphone market there are just a few dominant players. You look at most other products and customers have not coalesced around just a few names. There are hundreds of different cars for sale, for example, and none seem to have the market dominance of Apple or Samsung. Toyota and VW have huge shares but that is because they sell so many different brands. Different regions of the country buy vastly different vehicles.While I never had or been tempted to get an LG phone, I was always happy they were in the market (both for innovation ideas and competition). Losing $4.5 billion though over the last 23 quarters seems like it would give most any investor pause.
I wonder if, in the near future, the only legitimate smartphone choices left for American consumers will be Apple, Samsung, and Google? 🤔
No flaws in my thinking bubba! I think possibly yours may be flawed. Let us begin.Huge flaw in your line of thinking. A company can't stay afloat with just one or a few products that they are "good at". People thought the iPhone was generating so much revenue that Apple didn't need to do much more in the tech industry since it was said by some that the iPhone carries the company, which isn't true. This is why Apple is now offering subscription services and innovating with the M1 chips. Amazon is "good at" internet sales and delivery of products, but they recognize they can't stay on top without offering Prime memberships and it's other streaming services.
I really hope that the people pressing that disagree button know that I’m teasing around...Apple should buy them and start an Android line. Play both sides to sell services.![]()
Please dont say that...I just bought brand new OLED TV, washing machine, fridge and A/C from LG...Now they can continue to make home appliances that break within 2 years.
There are too many player in the smartphone business and almost all profits goes to Apple...it has been this way for 10 years. LG is good in engineering and manufacturing and has been a great brand for many home appliance products and I think they should focus this way instead of just trying to penetrate into different businesses to get less than 1% market share.Maybe they should spend less time on inventing products like the LG Wing and instead focus on making their phones popular with customers again. A company that faces declining sales simply cannot afford to bring such a niche gimmicky product to market.
Not at all surprised, My LG V20 and Nexus 5X just lasted 1 year and 1.5 years and died of a boot loop issue. LG deserves it !!
LG is considering exiting the smartphone business entirely amid declining shipments and accrued losses of $4.5 billion over the past five years (via The Korea Herald).
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LG CEO Kwon Bong-Seok cautioned staff earlier today that the company is re-evaluating its presence in the smartphone industry:
He added that regardless of any change, the company will retain its current employees from the smartphone division and reassign them elsewhere.
LG has seen rapidly declining smartphone shipments in recent years, and the company is now believed to hold a market share of just two percent. LG has posted major financial shortfalls in its smartphone segment for 23 consecutive quarters, reaching a total loss of $4.5 billion.
When taking office as CEO in January 2020, Kwon pledged to turn the company's smartphone business around. The CEO's latest comments therefore appear to be an admission of failure to make the segment profitable.
At the same time, LG is reportedly ending its production of LCD displays for the iPhone, according to The Elec. LG Display had previously attempted to supply LCDs for the second-generation iPhone SE, but failed to meet Apple's requirements, leading to Japan Display and Sharp being selected as suppliers instead. LG's factory that previously made the components will be repurposed to manufacture automobile display panels.
Earlier this month, LG unveiled one of the world's first rollable smartphones at CES, as the company has endeavored to explore unusual designs to lure in customers. The future of this device, and other LG smartphones such as the LG Velvet and LG Wing, are now highly uncertain.
Article Link: LG Considering Exit From Smartphone Business, Halts LCD Production for iPhone
Thanks for your feedback. Glad you've convinced yourself.No flaws in my thinking bubba! I think possibly yours may be flawed. Let us begin.
Do you live in a bubble? Because it appears you think I do. Your comparison/review of Apple is blindingly obvious. There are a ton of companies that make one product that they are "good at" and do just fine where they are. Another flaw I will mention is that what I said is more of a saying then an actual statement. But .... Since you caught me on an even numbered day.
let's analyze your thinking now. What if the services Apple created were a flop (similar to LG phones)? Would you keep pushing them or continue to lose money? Careful I'm shareholder. In LG's case over 4 billion dollars. I'd stick with what I'm "good at", meaning whatever products do make money and stop the bleeding by dumping the ones that don't. Pretty sound, at least in the short term.
Now let's repair the broken logic at hand. These questions will help you with reasoning and logic for future conversations.
- There are three houses. One is red, one is blue, and one is white. If the red house is to the left of the house in the middle, and the blue house is to the right of the house in the middle, where is the white house?
- A boy and a doctor were fishing. The boy is the doctor's son, but the doctor isn't the boy's father. Who is the doctor?
- Tanya is older than Eric.
Cliff is older than Tanya.
Eric is older than Cliff. If the first two statements are true, the third statement is?- is Andy Dufresne Obtuse?
With these two posts alone it further helps to convince me that the brand name matters in terms of who gets a pass with an excuse and who gets trashed.
It was stated earlier from a member that a co-worker continued to buy LG phones knowing they had constant problems. Hmm. But Apple's butterfly keyboard apparently lost them some sales and although Apple has moved on from that after 4 years of product releases with this keyboard people here still trash the company. Even Samsung has been relinquished from the hatred on the internet for putting out products that caused fatal injuries...yes the exploding phones.
Yikes, I bought a refrigerator from them this year. I usually buy GE, but this one looked nice.Now they can continue to make home appliances that break within 2 years.
Yikes, I bought a refrigerator from them this year. I usually buy GE, but this one looked nice.
And salesman and other people told me they are good. 😕
I got extended warranty... I was researching between Samsung and LG and a lot of people told me LG was better.It’s true. LG appliances have known issues plaguing there lifespan, or they don’t nearly last as long and their parts are extremely expensive to have replaced if they’re outside the warranty/if you didn’t purchase an extended warranty. Don’t get me wrong, I think LG makes a really sharp looking refrigerator, [as I’ve looked into one], but some of the reviews are horrendous.
I had a G3 and it was one of the best phones, and certainly the best Android phone, I have ever had. Sadly, when I switched carriers and had to update to the G4, that was a painful year that sent me right back to the iPhone ecosystem, and I haven't gone back since.LG G2 was a great device. Probably the best android at it's time.
Good screen panels are one thing, but their truly dreadful software will always handicap their TV's.I don't use their phones, but its unfortunate nonetheless. Most Android phones have interesting hardware and some cool features but the OS sucks pretty bad. I've tried so many phones and they all end up being a chore to use with the exception of the Pixel line. I can tell you this, their TV's (OLEDS) kick major arse! Love my LG TV, thing is a beast with an absolutely beautiful picture. Maybe they should just stick with what they are good at.
Yeah I know, I was just trying to see if anyone remembered those cheap consumer electronics in the 80s and 90s.I think they've shed those old days very well, but I'm old enough to still equate the two![]()
They make excellent appliances. Highest rated in consumer reports and never seen for repair. I have been an appliance tech for 15 years. Though they did have an issue with linear compressors.Now they can continue to make home appliances that break within 2 years.