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Monday, May 6, 2024

Fans of LG smartphones bemoan end of an era

LG Velvet smartphone is displayed at a shop in Seoul. (AFP photo)

SEOUL: Fans of LG smartphones rued the loss of more affordable Android-based devices after the South Korean tech company said on Monday that it would quit the business, with some praising LG Electronics Inc 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%.

“Please release the Rollable phone before you die,” said one user on a 300,000 member-strong forum on Naver, South Korea’s largest online search portal, referring to LG’s latest…

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