LG becomes first major smartphone brand to withdraw from market

Ah well, billions down the drain. I'm sure the executive bonuses will be sizable for doing a great job firing all of the foreign employees.

Peter, LG fires all its foreign management with regular intervals so they don’t become to influential or should rise to top management where Koreans can not match their skills. This happens at nearly all Korean companies. My visa was suddenly revoked and my company apartment locked when I was to be paid over 600.000 Usd in commissions. I had to leave Korea and no Korean lawyer wanted to take the case.

and you are right, closing the phone business will lead to higher profits as the division was bleeding money for years.

I wonder when the few remaining Japanese manufacturers will stop as well as there is no commercial reason for them to continue

I wonder when the few remaining Japanese manufacturers will stop as well as there is no commercial reason for them to continue

Because the Japanese government gives them unlimited money (almost) for the sole purpose of keeping "national pride" against barbaric Koreans and Chinese.

Since almost three years in using a Motorola g6 plus. It's an extraordinarily good value for money phone, really recommendable over a Samsung, for example.

"Because the Japanese government gives them unlimited money (almost) for the sole purpose of keeping "national pride" against barbaric Koreans and Chinese."

That's not what you've been telling us.

According to your version of the "facts" Japan doesn't have any money thus have to beg some from China and Vietnam.

You must be hurting badly.

Nokia is still there. i bet someday Nokia who has still a lot of fans will rise again in the future.

Nokia missed the boat and is losing the market. Also Nokia is not Nokia anymore. It is generic and has no unique ups.

Currently sony mobile market share for mobile is also in a nosedive worldwide market. Although the market share is second place (9%) after apple.

But only japan market is not making enough profit for sony mobile.

Many chinese brands are doing better due the pricing and features you get.

LG was one of the pioneers of the Android operating system, collaborating with Google on the Nexus smartphone line and producing some of the best camera and display technology in the category’s early days. Now LG lost the market share because they did not innovate and therefore not competitive. LG tried to change the direction but were to late and other Chinese brands in the lower segment had better price value. Blackberry was also one of the good example. Was popular for a while under business people than teenagers because of ping untill whatsapp or other applications came.

Sorry for Apple fans but this will also definitely happen with Apple also.

There is no mobile company which keeps going for a long period.

Apple was not the first smartphone in the world. The Nokia 9100 introduced in 1996 was the first so called smartphone. Although the term smartphone didn't exist. It was called a PDA.

Most people think apple was the first smartphone but apple just introduced a new mobile in a good moment with apps.

Touchscreen already exist before apple.

Apps where before apple just downloadable programs.

Now every one is copying and improving each other technology because there is not much to improve at this moment. Foldable phone are the next step but that may take sometime and is now more for the early adapters.