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

 
Amazon.com is reportedly working on launching its own messaging app called Anytime
 
Windows Server Insider Preview Build 16237 now available
 
HTC customers have reported seeing ads on their phone's keyboard
 
The innards of the Note 7 Fan edition remain pretty much identical to that of the original Note 7
 
WhatsApp also gains a number of design tweaks related to audio and video calls
 
Samsung could be working on their own news app that will have support for podcasts and even Bixby Voice
 
Some thumbnails are now 3-second teasers for desktop users
 
The new processor will be released in the second half of the year
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
      1
2345678
9101112131415
16171819202122
23242526272829
3031     




Poll

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