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LG and Samsung pushed out of China smartphone marker
  • Vitaliy_KiselevVitaliy_Kiselev

    LG sold only 160,000 smartphones in China out of an estimated 480 million total shipments. LG didn’t launch any smartphone in China in 2017.

    According to new reports from local publications, LG may decide to exit the Chinese smartphones market. The reason is probably related to the poor financial results achieved in the last period.

    Samsung ranked ninth in China, the world’s largest smartphone market, according to a report by the research firm. It had 2% share, which was significantly behind Huawei’s market share as the leader, and Apple’s market share in fifth position.

    Even 2% share is dropping rapidly.

    Samsung has cut around 20,000 jobs in China over the past two years. And may be forced to follow LG.

  • 1 Reply sorted by
  • jleojleo

    What's China's BEST Smart Phone 2018? from Winston Sterzel ( Serpentza )

    BBC Click, A look at manufacturing OnePlus smartphone, at 13:55 Why Chinese smartphones are selling more than other brands.

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