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I'm trying to understand what the appeal would be. Let's say you're LG. You're already doing pretty well as a company selling many types of consumer appliances
by HillaryBriss 9y ago
I'm trying to understand what the appeal would be. Let's say you're LG. You're already doing pretty well as a company selling many types of consumer appliances and electronics.
You already know how to make really really good phones, too. Maybe not quite as good as Samsung, but still, very very good.
What does Essential bring to the table? Market share? Design skills? I mean, aren't they contracting out the manufacturing to some low-cost company?
I don't know. If you were LG and felt you needed marketing and design skills, wouldn't you just make a deal with some super star, internationally known design firms (or someone) and add them to your team somehow?
Why buy a whole expensive outside company when, at best, they know a few more things about phones than you do?