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That really isn't good.
Yep. Not good.
But the silver lining is ARM SOC’s and how they will be implemented differently by device makers based on use case. I think ARM SOC’s will be customized and bring amazing innovation by smaller players and allow them to be competitive. Well, as long as Nvidia doesn’t screw it up.
 
I think if they’d utilised webOS in their phones they could have carved out a good niche for themselves
Agreed! I used webOS on Palm for a bunch of years (Palm Pre, Palm Pixi). That OS and those devices were ahead of its time in many ways. First to have a cards-based UI for multitasking and notifications, first to merge SMS and IP-based messaging apps into a single unified experience, first to have good magnetic wireless charging. I thought with proper resources and marketing, it could have survived as the third mobile OS (especially since Microsoft was totally floundering at the time).
 
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I think if they’d utilised webOS in their phones they could have carved out a good niche for themselves
Even though I knew it was probably never going to happen I'd always hoped that they would release phones with webOS after they bought it from HP. Still their webOS smart TVs are great and they've open sourced webOS now.
 
LG G4 was ahead of its time, and if the bootloop didn't kill it I probably wouldn't have switched to Samsung for a bit.
 
PR mumbo jumbo.

"In a press release, LG says the decision to shut down its smartphone business will allow it to focus on other sectors such as artificial intelligence, home computing, and business-to-business solutions."

Your press release should have simply said that if the smartphone division was profitable, you wouldn't be shutting it down.
 
“Details related to employment will be determined at the local level.”

This, to me, is the most worrisome thing here in the article. What about the job losses? You can’t just relocate the employees to different parts of the company? 😕
 
I had one LG phone and that was in the pre-smartphone era, a flip phone, and the build quality, build tolerances and its design were perfect. I remember commenting on it at the time.
The only smartphone I had made by LG was the Nexus 4, and again it was made very well with good tech specs, and is still functional today.
I had a Nexus 4. The camera lens fell off along with the back plastic piece that was glued to the back cover. I barely used that phone a for a year because it was one of the worst I ever owned. I ended up buying a Note 4 and a Note Edge before the year was over.
 
If they had a Business Strategy centered-around developing, marketing, & selling a single new smartphone every year, priced @ $499 USD, I'll bet they could have carved-out a nice share of the market !

Offer it with single Back & Front Cameras with 12.2 Mpx Res & with 2um pixels, & they'd have a something that NOT even Apple's most-expensive iPhone has !

Outside of offering tools to develop apps, the ability for a smartphone manufacturer to develop their own image sensor is probably the single-most-important factor today.

ADC Read Noise needs to be improved for things to move forward.

LG should have devoted R&D coin to that.

None of this is Rocket Science !
 
Very sad. My favorite smart phone of all time was the LG G3. No phone even to this day has surpassed it for me.
 
Any news about other LG products? What happens to someone who bought a LG CX OLED TV or home appliances? Is the whole LG conglomerate in trouble like Daewoo?
 
Very sad. My favorite smart phone of all time was the LG G3. No phone even to this day has surpassed it for me.
I use a G3 as a shim to angle my iPad for webex meetings.

Mine bootloops, the wifi/BT is dead, camera crashes the phone, won't charge unless off (new battery), charge port is melted from overheating, what else.. I know I'm forgetting something.

You got lucky my guy.
 
Their appliances are still considered the best in the industry. Their OLEDs lead the pack, and their customer service is good. I just wish they’d change their hideous logo.
I don't know anyone who has had good luck with their appliances (with the exception of TVs). My parents have a refrigerator, oven, microwave, and dishwasher from LG and they've had to repair faulty parts on all of them multiple times. A family friend just got rid of her LG refrigerator due to issues and the lack of local servicing options. I have an LG washer and dryer set that came with my house and the dryer drum cracked just outside of warranty and the motor on the washing machine died last week (also just outside of warranty). I've spent the last week calling every repair shop in the area and none will touch LG appliances (one specifically said LG was not great to deal with). The only place I could find that would service them is almost 2 hours away so they won't come to my house. One of the local appliance stores told me that they dropped LG a few years ago because of the reliability problems and the lack of anybody to repair them in the area.
 
LG closing down their handset business due to “an incredibly competitive market” yet Epic would have you believe it’s only Apple.
 
In the end, I can see the smartphone business coalesce to Apple, Samsung and only a small number of Android (and eventually Fuchsia) manufacturers: Lenovo/Motorola, Nokia, Oppo and Xiaomi.
 
It's a shame but not entirely unexpected, most markets seem to consolidate into just 2 or 3 major players (see: computers, game consoles, CPU/GPUs etc). I expect they won't be the last to drop out. The smart phone market is now rapidly becoming Apple vs Samsung (+ one or two Chinese manufacturers who will only be competitive in certain countries due to geopolitical decisions).

LG closing down their handset business due to “an incredibly competitive market” yet Epic would have you believe it’s only Apple.
"Incredibly competitive" in the sense that only a couple of companies are able to compete in the market nowadays, effectively making it a duopoly in many countries, not "competitive" in the sense that there's a broad, diverse market. If it was the latter, LG wouldn't be dropping out.
 
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“Details related to employment will be determined at the local level.”

This, to me, is the most worrisome thing here in the article. What about the job losses? You can’t just relocate the employees to different parts of the company? 😕

By that they probably mean "huge layoffs except for the few engineers able to jump ship to their other divisions".
 
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Considering the large pie, there are still room for many players. The problem is the rise of Chinese OEMs who are undercutting these traditional players. Eg. Xiaomi only put 5% margin in their prices. With this, it's much harder to compete unless you've been building a strong brand from the get go (eg. Samsung). Old players like Sony probably are also hindered with internal management style (eg. Just look at how long the mobile and Alpha division bickered against each other).

I have actually spoken with people who had worked with LG mobile here. Most of them pretty much universally said LG has great devices, but they just piss poor at marketing compared to their rival Samsung.

but do they put skins and duplicate apps in addition to only 1 year of upgrades? Thats the issue with Android phones. You would be lucky to get updates.
 
but do they put skins and duplicate apps in addition to only 1 year of upgrades? Thats the issue with Android phones. You would be lucky to get updates.
True. Fortunately or unfortunately, the lay people don't really care/know about updates. The growing markets are more price sensitive, and the cheaper Chinese phones are winning for best bang for the buck. People don't care about skin, duplicate apps, etc. As long as the phone looks good, they can install whatsapp and their favorite games, they're good.
 
In the end, I can see the smartphone business coalesce to Apple, Samsung and only a small number of Android (and eventually Fuchsia) manufacturers: Lenovo/Motorola, Nokia, Oppo and Xiaomi.
Lenovo/Motorola and Nokia are not doing that great internationally. Motorola have pulled out from my country, and Nokia only gets to release few low end models and 2G feature phones.
 
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