(CNN Business) – LG is selling the “highly competitive” cellular manufacturing business. On Monday, the technology giant surcorean announces that it will move its mobile phone unit after years of loss, marking the end of an era for a pioneer in the world of Android.
It is hoped that the division will be liquidated by July 31. Without embarrassment, the company can continue to sell some of its existing models after that, according to LG Electronics.
The “strategic decision to sell the highly competitive mobile telephony sector will allow the company to concentrate recourse on crime areas such as electric vehicle components, connected devices, intelligent hogs, robotics, artificial intelligence and solving intelligence.”
LG has unveiled one of the world’s leading smart phone makers. This includes being among the top three in 2013, according to the Strategy Analytics research firm.
But the popularity of the company’s devices has diminished since then. In particular, Chinese manufacturing telephones such as Xiaomi and Oppo have all been mentioned worldwide. A partir del año pasado, LG is not a branch of the world best players world-wide and cellular, according to Counterpoint Research. Without embarrassment, it seems to be the third most popular smart phone provider in the United States, after Apple and Samsung, according to the Canalys market study firm.
“LG deja ‘a’ pequeño vacío ‘of 2% global brand participation,” said CNN business Neil Shah, a social president of the counterpoint research.
It’s likely that Samsung will occupy as much space in Korea as it does in the United States, as well as some of its smaller players, predicted.
LG abandons the carrera de los celulares
LG has advertised the destination of its telephone negotiations in January, stating that it is considering all the options, including a possible sale of the unit.
The decision to dejarlo the lunes fue received with a torrent of nostalgia in the social speeches. Users will share photos of their first LG phones and record the volunteer of the innovation company.
«Download LG Mobile. It is the reason for what we do [cámaras ultraanchas] in all the new phones at the moment », writes Marques Brownlee, critic of technology and video producer, on Twitter. (The LG V40 phone has been extensively reviewed with the introduction of the feature in intelligent phones).
“It’s always good in all telephones, but it’s a significant loss to a competitor who has been able to try new things, including when it’s not working,” Brownlee added.
Austin Evans, a blog of technology videos, said that “LG is never perfect, but in a world of abridged blocks, integrating some of the designs, ideas and features of the most exclusive telephones of history”.
LG was known for being more intelligent with its intelligent phones. In 2013, we launched a smart phone curve. It is now one of the first manufacturers of electronic products to present the technology for the mass market.
After these years, the company is responsible for the high-capacity photo capabilities of its LG G4. CNN Business’s technology broadcaster David Goldman states that “the best camera for the planet’s intelligent telephones will be”.
And last year, LG introduced the WING 5G, an intelligent phone capable of 5G that comes with the pants. One of the slippers can turn up to 90 degrees, with the aim of allowing users to alternate different applications at different times and achieve multiple tariffs with facility facility.
The company’s last major release took place three months ago, when it unveiled a phone that could be converted to a tablet.
LG will not launch its most recent cellular
LG says at the moment that the device is launching at some point this year. For the company confirm ‘n CNN Business el lunes que no se lanzará ahora.
«During years, [el] LG’s intelligent phone is known for its innovative and slightly conventional features », says CNN Business Shengtao Jin, Canalys research analyst. “While these features help LG differentiate between other major brands, the majority of consumers will not find much practical value in these features.”
But the company will not abandon the industry completely. “In the future, LG will continue to test its mobile experience and develop technologies related to 6G mobility,” he said in a statement.
“The key technologies developed during the decades of mobile business operations of LG have also been preserved and applied to existing and future products”.
The experts believe that this decision can help the company in the future. LG will enjoy the best prospects for crime in general in a way that acabe with the mobile business, dijo Shah, who describes the medium as “get rid of the spin” of the “pies” of business.
“The most prudent series that LG will reduce losses and postage in areas where there is a sale, such as the negotiation of the pants”, added Jin.
Accession to the LG Electronics serraron is 2.5% and Corea del Sur el lunes tras la noticia.