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LG CEO Hangs Up Due to Smartphone Problems

Sep 16, 2010, 10:50 PM by Eric M. Zeman

The Wall Street Journal is reporting that LG Electronics' CEO, Nam Yong, has resigned and will be replaced by Koo Bon-joon, a member of the founding family of the larger LG business. One of the reasons cited for Nam's departure is LG's failure to reforge and revitalize its smartphone business. LG offers several Android-based handsets in the U.S., and has announced that Windows Phone 7 devices are due to hit the market later this year. LG has not been as successful as rivals HTC, Motorola, and Samsung at adapting to the market's shift toward smartphones.

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Comments

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This forum is closed.

pauldg

Sep 17, 2010, 7:28 AM

Last One In The Pool = Sink Or Swim

LG has always been good with mid range phones, (just look at the Shine), but they were the last ones to jump into the smartphone market. That said, it's not even fair to compare them to HTC since HTC has its roots in WinMo smartphones (in fact, they used to call them PDA's).

Once LG finally decided to produce smartphones, they had nothing to differentiate themselves from the competition, and their products still looked cheap compared to HTC and Sammy. Sammy started blowing up the smartphone market with the affordability of their blackjack series (I just upgraded from my BJ2) - and let's not forget that the blackjack was largely copied from the Motorola Q (IMO).

Here we are in 2010, and the highest spec'ed LG smartphone has already b...
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Snapper314

I know that LG hasn't had any very good Android phones to date.

However they are trying to get in on all of the excitement and should be releasing a good mid-range device soon. It isn't spec'd very high and it does have it issues but overall its p...
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bluecoyote

Sep 16, 2010, 10:56 PM

Revitalize their smartphone business? 8O

LG *had* a smartphone business?

Beyond the Ally I don't think they've even tried.

Eric M. Zeman

LG fielded not one, but TWO WinMo phones in the US. Both failed miserably.

...

Homerdawg33

I think resigning is a little much...but the LG Ally and the LG Fathom is the worst Smartphone for Verizon except for the HTC Eris. I won't sell either in my store because all they do is have problems! I did have bigger expectations with LG but once I...
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