LG announced its exit from the smartphone market earlier this week. It wasn’t a sudden move as the mobile division of the South Korean company had been making losses for some time. The departure of LG from the smartphone market was a sad moment for at least some loyal customers. On this week’s episode of Orbital, the Gadgets 360 podcast, the discussion revolves around the exit of LG from the smartphone market. Counterpoint associate director Tarun Pathak joins host Akhil Arora and Gadgets 360 reviews editor Jamshed Avari to talk about what made LG exit the market and why we saw it coming.
During its time, LG managed to bring some very exciting phones to the market. These include the LG G Flex, which had a self healing back, LG G8X ThinQ with a detachable dual screen, and the recently launched LG Wing with a rotating display. The company also showed off its rollable smartphone concept at CES 2021 that wowed even its critics, and the media. However, those innovations didn’t help the company gain against the likes of Apple and Samsung. LG also failed to make use of webOS, or its partnership with Intel that was announced in 2016 to embrace 10-nanometre ARM chips.