LG Electronics fans bemoan end of era as firm exits smartphone business

LG Electronics’ Wing smartphone displayed at a store in Seoul, South Korea, on April 5, 2021. Fans fondly noted some of the company’s more unique designs, such as a T-shaped dual screen, as well as features including a double-tap to turn a screen on and off. — Reuters

SEOUL: Fans of LG Electronics smartphones rued the loss of more affordable Android-based devices after the South Korean tech company said on April 5 it would quit the business, with some praising LG for the innovation it brought to the industry.

LG smartphone users in South Korea and the United States posted nostalgic tributes on social media after the firm announced the exit, citing a prolonged sales slump. LG still holds a roughly 10% share of the US smartphone market, according to researcher Counterpoint, though its slice of the global pie is just 2%.