News & Reviews:   LG smartphones

Despite recent successes in the smartphone market like the LG G2 and the notable LG G Flex, LG is apparently shifting their focus from smartphones to more successful industries. Despite positive response for these latest of smartphones, LG will be shifting their focus to TVs and related industries as these are getting better overall response. This news comes courtesy of Korean media who say that this will result in less LG employees working on smartphones and more on HDTVs. While this doesn't mean that LG will stop production completely it does mean we're less likely to see cutting edge smartphones from LG in the near future. However, LG are likely to continue development on flexible screens as curved and bent OLED screens are just as likely to be used in the TV industry as they are in a smartphone. Rather than be a player in the smartphone field, LG are likely to become parts suppliers instead. Here's what one analyst had to say about it:

"With the premium market slowing down and Chinese companies charging forward in the sluggish mid-to low-priced market, there is not much choice for LG Electronics. For starters, it may be better off to improve its financial status by increasing its TV sales, and then invest properly in the smartphone business."