LG might be withdrawing from China, starting with the G6
by Kaloyan C. / Mar 14, 2017, 5:49 AM
It seems one of this year's hottest phones, the LG G6, won't be released in China, one of the biggest smartphone markets in the world. The news comes from Korea-based publication Daum News, which reports that low market share in the country could even drive the company to withdraw completely.
G6 is thus unlikely to be sold in the country, as LG's previous experience there has brought heavy losses for its handset division.The report is based on "data from Strategy Analytics", which shows the company's problematic sales within the region. While LG was the third-largest smartphone vendor in the United States, it is much less popular in China, where its market share is less that 0.1 percent. The
Despite being such a large market, China's smartphone climate is very different than that of the rest of the world. The biggest players there are mostly local companies, such as Oppo and Vivo. The big exception are Apple's products, which are often seen as a status symbol, and are therefore imitated by local smartphone vendors. While some companies, including Huawei and Xiaomi, have branched out beyond copycatting and are also sold worldwide, success in the market often relies on looking and feeling like an iPhone, which could have been a factor in LG's failure in the region (though its G5 wasn't successful anywhere in the world).
The report is primarily specualtive in nature, but falls in line with current information, as we've heard no news of the G6 being available there, and the company's local website also lacks any mention of the device. It isn't clear if LG plans to withdraw from China completely, as its home appliances business there is likely doing much better than its smartphone division.
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Posts: 5868; Member since: May 06, 2016
"The big exception are Apple's products, which are often seen as a status symbol, and are therefore imitated by local smartphone vendors" iPhone is mostly, if not, all about status symbol (in China)... huh, Kaloyan C? I didn't think you could admit that.
posted on Mar 14, 2017, 6:32 AM 6
Posts: 273; Member since: Feb 24, 2017
Only Insecure sheep buy iphones.smh
posted on Mar 14, 2017, 6:50 AM 5
What a waste of an account on this website and a waste of bandwidth and precious internet resources and energy that lets you type these stupid ass comments. Go outside man and stop being a Trumpist snowflake internet meme posting warrior
posted on Mar 14, 2017, 11:57 AM 0
Posts: 162; Member since: Aug 01, 2016
Thats why i never buy chinese phones..those companies are cheap and copycats..the never innovate and spend in r&d. I rather support brands that bring new tech and innovation to keep technology moving forward.
posted on Mar 14, 2017, 8:26 AM 0
Posts: 419; Member since: Sep 19, 2014
iphone imitated by chinese vendors? Maybe some years ago, in the recent years every chinese company is actually copying Samsung.
posted on Mar 14, 2017, 10:19 AM 0
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