LG puts tablets on hold, focusing on smartphones
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LG is virtually suspending its tablet development and will instead focus on smartphones, in an environment where Android tablets find it hard to compete with market-dominating iPad.
“We’ve decided to put all new tablet development on the back burner for the time being in order to focus on smartphones,” LG spokesman Ken Hong said.
At the same time, this announcements coincidentally happens right after Microsoft lifts the cover off its Surface tablets. The upcoming Surface tablets are allegedly not "competing with anything we’re focusing on at the moment," LG clarified, so it seems that the real reason is squeezing out a margin in a space as competitive as tablets.
source: Bloomberg
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