By using this site, you agree to our Privacy Policy and our Terms of Use. Close

Forums - General - LG Is Officially Shuttering Its Smartphone Business With a Complete, Wind Down Expected by July 31

wohufana on 05 April 2021
Dulfite said:
wohufana said:

Less population, greater PER CAPITA INCOME, greater economy. At present, China is second in terms of GDP and in about a decade, will probably take the number 1 spot from the US. But in terms of per capita income, it ranks way below at number 79. With less population, a Chinese will become richer.

Less population = less production, and that is China's bread and butter, making things to sell to the rest of the world for cheaper amounts. Granted, automation should be fully deployed by then so they won't need nearly as many human workers, but those machines will cost money that would otherwise go to those workers, so either the government will have to help out a lot of out-of-job people and burn through much of their money or China will have a serious poverty issue. If they don't embrace automation, then worker's wages will probably increase, but production will decline due to population decline which means China will have less of a trade deficit advantage than they currently do.

So you mean rank 79 in the world when it comes to per capita income is much better for the Chinese people? Don't you think the Chinese people won't aspire for a greater quality of life? Besides, if your assumption is true, we are talking here about a nation with almost 1.5 billion population. If China loses 1/5 of its population, that nation still has over a billion manpower. And lastly, another reason for Chinese booming economy is the implementation of 'Two-Child Limit Policy" and Communist-China won't impose that if it hurts its economy.



Around the Network
Darc Requiem on 05 April 2021
dx11332sega said:
Darc Requiem said:

Well this is unfortunate. First HTC becomes irrelevant and now LG's cell phone division folds up shop. I just got my LG phone last year and its been excellent.

Got mine 3 days ago, I paid a product that was discontinuing in few months , I'm lucky. IDK? if What other phone to get by July? What are you getting?

I don't switch phoned very often anymore. I keep my phone until I have a reason to upgrade. I got this LG V60 so I could take advantage of 5G.



Jizz_Beard_thePirate on 05 April 2021

It was bound to happen. While LG was competitive at one point, I haven't found a reason to not go Samsung instead.

Samsung typically gives you the best hardware that Android has to offer in several aspects while giving you the longest software updates on Android. (3 years of OS upgrades and 4 years of security updates). On top of that, you have Samsung's marketing prowess and interesting innovations like the Galaxy Note and Galaxy Fold. The main complaints I see is that people don't like their interface which can be fixed to an extent with Nova Launcher.

So when a phone manufacturer like LG charges similar prices but doesn't have a number of features or has inferior features, it's hard to buy them. Too bad cause I was a bit interested in the Wing.



                  

PC Specs: CPU: 7800X3D || GPU: Strix 4090 || RAM: 32GB DDR5 6000 || Main SSD: WD 2TB SN850

TheBraveGallade on 05 April 2021
Captain_Yuri said:

It was bound to happen. While LG was competitive at one point, I haven't found a reason to not go Samsung instead.

Samsung typically gives you the best hardware that Android has to offer in several aspects while giving you the longest software updates on Android. (3 years of OS upgrades and 4 years of security updates). On top of that, you have Samsung's marketing prowess and interesting innovations like the Galaxy Note and Galaxy Fold. The main complaints I see is that people don't like their interface which can be fixed to an extent with Nova Launcher.

So when a phone manufacturer like LG charges similar prices but doesn't have a number of features or has inferior features, it's hard to buy them. Too bad cause I was a bit interested in the Wing.

i feel like the wing was a last ditch effort to save the cellphone division.

at any rate it sucks for me in korea since our only real options for android phones over here is samsung or LG, since taxes make non korean phones expensive.

now samsung has effectivly 0 competition over here....