LG has had a pretty hectic year when it comes to advanced smartphone releases, throwing quite a bit on the…
LG has had a pretty hectic year when it comes to advanced smartphone releases, throwing quite a bit on the wall hoping something would last. While the V40 ThinQ, V35 ThinQ and even G7 ThinQ are unthinkable fixed handsets, their cash offices were undoubtedly hampered by this obvious lack of focus, as well as extravagant prices.
The technology giant obviously does not seem to throw in the towel … just than, instead, redirect his management to make the current president of LG’s home entertainment department also responsible for the long-term smartphone business.
8, the third quarter, LG TV and audio products generated a healthy profit of almost $ 290 million, while mobile devices lost more than $ 130 million.
Ironically, the recent “organizational changes” meant improving LG’s “Strengths and Opportunities” comes exactly one year after the previous round of “leadership and business change” as aimed at “improving competitiveness.”
In November 2017, LG Hwang appointed Jeong-Hwan as mobile divisional president and despite apparently “successfully strengthening the operation’s quality assurance and product development efficiency,” it clearly did not make enough profit. 19659003] Outside the world’s seven smartphone providers, LG is still third largest mobile player in the United States, behind Apple and Samsung, with a definite potential for continued growth. It remains to be seen exactly how the company’s new smartphone division manager plans to “reverse” the business. Lost the ThinQ brand would probably be a good start.