LG was reportedly in talks with Vingroup as well as Volkswagen as potential buyers for the company’s mobile business. Negotiations on both fronts has failed, reports the publication – with around 1% global market, the asking price was just too high.
This leaves one option to consider – shut down the mobile division.
Life not good
lg phone business iliwakataa, but they use to make crappy phones,
LG doesn’t make good phones. maybe washing machine and they should stick to that.
In the last two years they started making phones for google and the google phone brand quality is tanking.
their
their washing machines are shit too. Beko and whirlpool are the best in that classs
they are better than samsung, von, etc. Whirlpool isnt high quality. it is just rare and a bit expensive because it is american.
only Miele and probably european bosch make better machines.
The mobile phone space is very burtal .Any slight misstep and you become a has been .There was a time when the most desirable phone was an HTC
HTC was bought off by Google for $1.12 billion USD and the owners retired like kings. They did not fail.
Cold fusion did a great documentary on the decline of HTC
i’d buy a samsung washing machine any day over an LG. LG waachie air conditioning units, hio ndioo wanajua tu
HTC bado wako just not focusing on mobile phones sana
"On 21 September 2017, Google announced that it would acquire roughly half of the 4,000 employees who worked in HTC’s design and research staff, and non-exclusive licences to smartphone-related intellectual property held by HTC, for US$1.1 billion. The employees included the team involved with Google’s Pixel smartphone, which was manufactured by HTC. Google stated that the purchase was part of its efforts to bolster its first-party hardware business. The transaction was completed on 30 January 2018; while HTC will continue to produce its own smartphones, the company has stated that it planned to increase its focus on Internet of Things (IoT) and virtual reality going forward "
exactly, thats my point. They never failed, just acquired by a competitor with more $$$$
Include Sony Xperia phones also.
They should fire their Marketing division. I used to have a Lg G7 and V30 for video. They are brilliant products just that nobody in Kenya knows about them.I had to import covers and screenguards. That bad.
HTC M7. Was the best phone ever to be build. Speaker were beat by Dre. Hio nangos ilikuwa ina Chuna. Camera 4 megapixel was better compared to Samsung S3.
both are made in turkey.
Some other companies that won’t make it in the mobile business ni hisense na tcl ,oflate been seeing fonexpress trying to market Hisense phones .They will fail terribly they should stick to their core business of manufacturing tvs .