LG may exit biggest smartphone market, the G6 reportedly not coming to China

LG  logoIt looks like LG is ready to give up one of the world's biggest smartphone markets, China. The handset maker's shipments of smartphones in the country accounted for less than 0.1% in 2016, which led to LG's decision to exit the Chinese market.

According to a new report coming from Digitimes, to signal its exit from China, LG will not launch the G6 in the country. The company's flagship smartphone is already available for purchase in South Korea and will soon make its debut in Europe and the United States.

Sources familiar with LG's plans claim the company will focus its marketing efforts on the G6 in other markets like Europe, South Korea, and the United States.

Korean media also notes that LG has sustained heavy losses from its mobile division and low market share in China last year. The G6 won't be the only smartphone customers in China won't be able to get, as LG is expected to stop bringing any new devices to this market, at least for a while.

LG was ranked the third largest smartphone maker in the United States last year with a market share of 15.5%, a 0.6% increase over the same period a year earlier. The same report claims the South Korean company was in the fourth spot in Central and South America with 9.3% market share.

LG may exit biggest smartphone market, the G6 reportedly not coming to China

The report doesn't mention any numbers regarding LG's market share in Europe, but since the company has decided to continue to focus its marketing efforts on this particular region, we'd expect the handset maker's share to be on the positive side.

LG G6, the company's new flagship smartphone, has dropped the modular design, a failed experiment that mostly brought heavy financial losses during last year.

The South Korean company has decided to put the Snapdragon 821 processor inside its flagship rather than the new Snapdragon 835 CPU, which will only be available in late April.

Source: Softpedia

Tags: LG, smartphones

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
For now would-be Apple Watch owners have to choose between either the original Apple Watch or the Series 3
 
Samsung has recently developed a Z-NAND chip and a controller optimized for this chip
 
Apple was the first to announce that its new iPhones would be able to record 4K UHD video
 
Build 15250 finally brings new features to Windows 10 Mobile
 
The new Face ID on the Apple iPhone X only supports one face
 
Microsoft is giving users direct access to the Privacy Statement within the setup process
 
Samsung is also working on researching voice recognition data technology based on cloud service
 
The Apple Watch Series 3 adds LTE but at a cost to older iPhone owners
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
     12
3456789
10111213141516
17181920212223
24252627282930




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)