LG reportedly pulling out of the Chinese smartphone market

LG Mobile is allegedly set on pulling out of the Chinese smartphone market, reports in local publications state. The news comes following the release of LG's 2017 financial results last week. Record-breaking revenue of LG Electronics as a whole may sound good, but the mobile division in particular posted a $192M operating loss for Q4, with 'strong competition from Chinese brands' specifically quoted in the press release. Chinese brands have proven too tough of a competition in their home market, apparently - LG was estimated to have sold just 160,000 units in the country in the...



from GSMArena.com - Latest articles http://ift.tt/2EDJKPl
via IFTTT

Comments

Post a Comment

Popular posts from this blog

Facebook's latest bug exposed the private photos of 6.8 million users - The INQUIRER

Facebook's latest bug exposed the private photos of 6.8 million users    The INQUIRER After a year from hell, Facebook parties like it's 2017    The Guardian Facebook bug may have exposed users’ photos    ConsumerAffairs Bug may have exposed photos from 7 million Facebook users | WSB-TV    WSB Atlanta Use This Tool To See If Your Photos Were Exposed In Facebook's Latest Privacy Blunder    Hot Hardware View full coverage on Google News from Technology - Latest - Google News https://ift.tt/2Bs7iVW via Technology
Read more

Overwatch 2 Anime Charm Is Cheaper In Real Life Than In The Game - Kotaku

Overwatch 2 Anime Charm Is Cheaper In Real Life Than In The Game    Kotaku Blizzard Sells an Overwatch 2 Charm Cheaper in Real Life Than In-Game    IGN Real life Overwatch 2 charm costs less than it does in game    PCGamesN Overwatch 2 Fans Upset at Blizzard's Reasoning for Not Nerfing Sojourn    GameRant Overwatch 2: Keychain Costs More In-Game Than Real Life    DualShockers View Full Coverage on Google News from Technology - Latest - Google News https://ift.tt/P970ArQ via Technology
Read more