{"id":32890,"date":"2021-04-15T11:45:49","date_gmt":"2021-04-15T10:45:49","guid":{"rendered":"https:\/\/www.gsma.com\/futurenetworks\/?p=32890"},"modified":"2021-04-15T11:45:49","modified_gmt":"2021-04-15T10:45:49","slug":"lg-to-exit-smartphones-as-landscape-shapes-up-for-5g","status":"publish","type":"post","link":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/lg-to-exit-smartphones-as-landscape-shapes-up-for-5g\/","title":{"rendered":"LG to exit smartphones as landscape shapes up for 5G"},"content":{"rendered":"<p>LG has announced it is to exit the mobile phone business. The South Korean firm declared that the move will allow it to focus resources on other drivers of growth. It will innovate in areas including electric vehicle components, connected devices and smart homes, and will continue to develop expertise in mobility-related technologies, so its role in mobile innovation is far from over.<\/p>\n<p>The market landscape for smartphones continues to evolve, with a somewhat squeezed mid-tier where competitive strategies for some have shifted to focus more on price. Apple and Samsung at the high end continue to command loyal bases for their models and associated ecosystems of wearables\/services. Huawei and Xiaomi have widened their reach outside their home market. Meanwhile, the likes of Oppo and Vivo are looking to grow scale and develop stronger brand reach to compete. We expect further jostling for position as vendors look to gain share against a backdrop of growing enthusiasm for 5G among consumers. The GSMA Intelligence <a title=\"Future of Devices\" href=\"http:\/\/click.email.gsma.com\/?qs=20240d02ec659f7110df8005d80b82eba170b3f6e8a206d9baff2a4e25faaea840eee2b8409982582de230a58447aae13d7cd90d396b49be\" data-linkto=\"https:\/\/\">Future of Devices<\/a> report paints a more detailed picture.<\/p>\n<p><a title=\"Click here to read more (Mobile World Live)\" href=\"http:\/\/click.email.gsma.com\/?qs=20240d02ec659f710f5ea18a53dbb3fd49d415410ab0048b8d4683efb78fc0d5c32d77954e19e77c16f45350bcb7ca2610bc2709dcf0120a\" data-linkto=\"https:\/\/\">Click here to read more (Mobile World Live)<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>LG has announced it is to exit the mobile phone business. The South Korean firm declared that the move will allow it to focus resources on other drivers of growth. It will innovate in areas including electric vehicle components, connected devices and smart homes, and will continue to develop expertise in mobility-related technologies, so its [&hellip;]<\/p>\n","protected":false},"author":42,"featured_media":32892,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","footnotes":""},"categories":[6894,60],"tags":[],"algolia_discover_type":[15357],"class_list":["post-32890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-5g-digest","category-latest-news","algolia_discover_type-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.1 (Yoast SEO v28.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>LG to exit smartphones as landscape shapes up for 5G - Networks<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/lg-to-exit-smartphones-as-landscape-shapes-up-for-5g\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LG to exit smartphones as landscape shapes up for 5G\" \/>\n<meta property=\"og:description\" content=\"LG has announced it is to exit the mobile phone business. The South Korean firm declared that the move will allow it to focus resources on other drivers of growth. It will innovate in areas including electric vehicle components, connected devices and smart homes, and will continue to develop expertise in mobility-related technologies, so its [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/lg-to-exit-smartphones-as-landscape-shapes-up-for-5g\/\" \/>\n<meta property=\"og:site_name\" content=\"Networks\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/gsma\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-15T10:45:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/wp-content\/uploads\/2021\/04\/FN-Blog-LG-exit.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"300\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"KiranB\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@GSMA\" \/>\n<meta name=\"twitter:site\" content=\"@GSMA\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"KiranB\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"LG to exit smartphones as landscape shapes up for 5G - Networks","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/networks\/latest-news\/lg-to-exit-smartphones-as-landscape-shapes-up-for-5g\/","og_locale":"en_GB","og_type":"article","og_title":"LG to exit smartphones as landscape shapes up for 5G","og_description":"LG has announced it is to exit the mobile phone business. The South Korean firm declared that the move will allow it to focus resources on other drivers of growth. 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