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So, why did LG exit the phone business? Isn’t phone business lucrative and high profile?
by didip 5y ago
So, why did LG exit the phone business? Isn’t phone business lucrative and high profile?
- gruez 5y ago>Isn’t phone business lucrative and high profile? only for apple. eg. https://www.counterpointresearch.com/global-handset-market-operating-profit-q2-2021/ https://www.counterpointresearch.com/global-handset-market-o...
- systemBuilder 5y agoEver since the G2, every generation of phone sold less and less. Pretty soon there weren't enough economies of scale to pay the engineers to build the next generation of phone.