Share this:

LG would not be launching the smartphones regularly but only when it is needed!

  MPC Team

 

In order o bring back the smartphone manufacturing division as a profitable one, LG has decided to take a revolutionary step. The company has made the announcement that it will not be launching the smartphones on regular basis. The previous strategy has apparently been based on manufacturing a large variety of smartphones. Hence, according to the company, the phones will now be released only when there is a need.

Furthermore, according to the Vice Chairman of LG Electronics Mr. Cho Sung-jin, “We will unveil new smartphones when it is needed. But we will not launch it just because other rivals do.”

This comment was made by him during a press conference in CES held at Las Vegas during responding to the question concerning release date of upcoming G7. He further added that the main plan of the company is to make retention of the current models for longer term, in which the main strategy will be to unveil more variants of the same models.

Share this:

Leave a Reply

Your email address will not be published.