LG has announced that despite the financial losses that the company encountered in the smartphone business, they will not exit the mobile phone industry. In 2018, LG exited the Chinese smartphone market, then just this month new reports have indicated that the company is also leaving the Philippines. "LG’s business portfolio includes cars and home appliances, both of which are related to smartphones, so we have not considered exiting the smartphone business." - Qiao Yujin, LG Electronics CEO The company has suffered a USD 1.1 billion loss in 2016, USD 644 million in 2017, and USD 440 million in 2018. However, Yujin stated that they are in the second year of restructuring the smartphone business and this activity will continue until next year. 3) HTC One X The One X is a perfect indicator that HTC has changed its smartphone design philosophy (somehow). Despite the aging Snapdragon S3 processor, the flagship Xperia Ion [in the Philippines] is one of the better-looking smartphones locally available and is basically an upsized Xperia S. 7) Nokia Lumia 900 Undeniably the biggest lad in its family -- Nokia's current flagship, the Lumia 900 has managed to impress smartphone reviewers all over the globe (even us) with its snappy UI and general performance. 8) Blackberry Bold 9900 Despite its old-school QWERTY form factor, the antiquated internal hardware, OS and pretty much everything else; the Blackberry Bold 9900 is still one of the best smartphones out there. Read more in our articles including "LG to continue smartphone business despite financial losses" and "Round-up: Top 10 Flagship Smartphones".
LG has announced that despite the financial losses that the company encountered in the smartphone business, they will not exit the mobile phone industry. In 2018, LG exited the Chinese smartphone market, then just this month new reports have indicated that the company is also leaving the Philippines.
"LG’s business portfolio includes cars and home appliances, both of which are related to smartphones, so we have not considered exiting the smartphone business." - Qiao Yujin, LG Electronics CEO The company has suffered a USD 1.1 billion loss in 2016, USD 644 million in 2017, and USD 440 million in 2018. However, Yujin stated that they are in the second year of restructuring the smartphone business and this activity will continue until next year. 3) HTC One X The One X is a perfect indicator that HTC has changed its smartphone design philosophy (somehow).
Our coverage of LG smartphone industry includes: "LG to continue smartphone business despite financial losses"; "Round-up: Top 10 Flagship Smartphones"; "Huawei nova 16 Series confirmed for June 1, design officially revealed". Each article provides unique insights and information.