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Eclipsed by Chinese rivals, LG ponders smartphone future

Eclipsed by Chinese rivals, LG ponders smartphone future
File Photo: LG, based in Seoul, had been an early smartphone success story and still controls about 13% of the US market
(REUTERS)
Elizabeth Koh
, The Wall Street Journal
Once a dominant player, company’s beleaguered mobile division hasn’t been profitable in years, and CEO opens door to leaving the business
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China’s increasingly dominant smartphone makers are forcing a once-formidable rival to rethink its future in handsets.
South Korea’s LG Electronics Co., still one of the biggest phone sellers in the US, said Wednesday that the company is “leaving all possibilities open" for its beleaguered mobile division amid slumping sales.

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Samsung Seizes Smartphone Initiative as Sanctions Hobble Huawei

Samsung Seizes Smartphone Initiative as Sanctions Hobble Huawei
South Korean giant recently forecast 25% jump in quarterly operating profit, aided by resurgent phone sales
Aug. 6, 2020: Samsung’s Galaxy Note smartphones have always been known for on-the-go productivity, but now we’re not going anywhere. WSJ’s Joanna Stern looks at how Samsung’s changed the phone—and its promotional messages—due to Covid-19. (Originally published Aug. 5, 2020)
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Jan. 12, 2021 6:13 am ET
SEOUL—Huawei Technologies Co.’s sanctions-induced smartphone slump has rivals seeing opportunity in a market where switching brands is rare.
With U.S. restrictions curbing its access to key parts, Huawei has suffered a plunge in sales in recent months, most strongly benefiting South Korea’s Samsung Electronics Co. and other Chinese makers.

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