Seoul, South Korea
LG Electronics, at the moment one of the mobile phone makers mayors, announcing hoy that day of manufacturing these devices have the competitive competitiveness of the sector and after that this frame of business the haya generated deficit in the last lustro.
The surcorean company has made the decision public, approving this same sentence by its directive, in the wake of a communication to the bursatil bursátil regulator.
In a posterior communication sent to the media, the company explained that it was abandoning the “incredibly competitive mobile telephony sector” to focus its resources on areas where there is potential for crime as components for electric vehicles, technology 6G, robotics, homeopathy or artificial intelligence.
The company also indicates that its inventory is currently available for sale and that “LG will support software and service updates for customers of existing mobile products during a period that varies from region to region”.
LG prevé “that the liquidation of the mobile telephony negotiation will be complete by July 31st, although inventories of some existing models will be available after this fecha”.
Some known LG phone phones:
“LG will work closely with providers and companies throughout the process of closing our mobile phone business. The details related to the plants will be determined at the local level”, added in the communication.
As a matter of fact, the company with seat in Seoul Prometory continues to make use of the “centralized technologies developed during the decades of commercial operations with mobile” for applications to “existing products and futures”.
The decisive decision, however, that the company will have its last presentation of results in January that the future of this division, in red numbers from the second quarter of 2015 and with losses accumulated to the value of one 5 billion homes (4,434 million dólares), based on a “cualquier posibilidad”.
LG, What are the principles of the last decade? Samsung y Appeal, currently occupies the new position, with a 2% global market share, according to Counterpoint Research.