Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks


If you have been following the tech scene for even the last few years, you would have undoubtedly heard of a company known as LG. One of the most well-known appliance manufacturers struck out when it came to smartphones, as is evident by its demise, which, according to some, came a bit too late.
Having been responsible for solid devices under its G-series, which was quite popular back in the early 2010s, the company dipped from its once well-known position within the market to a point where even technically sound people would ask about whether or not LG still existed in the market.

Despite this, the company kept pushing, offering products that provided dual-screen displays via a unique form factor, dependent on a flip-case that consisted of a secondary screen, followed by a T-shaped dual-screen device dubbed the LG Wing.
Some of the company’s latest devices include the LG G Flex capable of providing a self-healing back, the LG G8x ThinQ sporting a detachable screen via the previously mentioned flip case and the V-series which promised to offer users great cameras with features focused on videography.
Why Did LG Decide To Pull The Plug On Its Smartphone Division?

While there is no specific sureshot answer, one would point towards overall sales in the market. LG had a market share of 2% as of 2020; with the company shipping mere 23 Million devices in 2020 in comparison to Samsung’s 250 Million. This, to most, seemed like a huge fall from grace, considering that back in 2013, LG was the third-largest smartphone company.
Add to this the lacklustre response towards its flagship devices, the company effectively became a mid-range competitor, battling it out with the likes of TCL, Samsung, Motorola rather than at the front with OnePlus, Apple etc.

