The downfall of LG phones: Marketing issues, lack of stability, and unable to keep up with competition's advancements.
LG phones struggled to compete in the smartphone market due to marketing and naming issues and lack of stability. Despite innovative features, they couldn't keep up with the competition's advancements. LG's exit leaves a void in the market.
00:00:02 LG's smartphone business is shutting down, marking the end of an influential era. Despite making popular phones in the past, LG struggled to compete in the smartphone market and failed to find success in any price bracket.
ðą LG has officially announced the shutdown of their smartphone business after making influential phones for many years.
ð Despite their popularity in the mid-2000s, LG's smartphone sales declined after their peak in 2014 and they failed to produce any hit phones.
ð LG struggled to compete in the high-end, mid-range, and budget phone markets, resulting in a lack of market share and declining sales.
00:02:30 LG phones struggled with marketing and naming, but were innovative with features. They introduced the first capacitive touch screen, dual core processor, and multiple rear cameras.
ðą LG phones struggled with marketing and naming conventions.
ð Despite their marketing challenges, LG phones were innovative and influential.
ð· LG introduced several industry-first features in their smartphones.
00:04:55 LG phones have been innovative in introducing features like double tap to wake, ultra-wide cameras, and high-resolution displays. However, some features, like mini displays and curved phones, didn't catch on. The lack of stability and reliability in LG's phone ecosystem has been a concern for customers.
ðą LG introduced several innovative features in their smartphones, such as quad-core processing, double tap to wake, and ultra-wide cameras.
ð Some of these features, like the second screen and self-healing back, did not gain popularity and are no longer seen in modern smartphones.
ð The lack of stability and consistency in LG's smartphone features, like the modular phone and vein-reading sensor, made it difficult for customers to commit to their ecosystem.
00:07:23 This video discusses why LG phones failed and whether YouTubers are responsible for their downfall. It explores the difference between showcasing a product and recommending it for purchase decision.
ðą LG's lack of software updates contributed to their instability.
ðĨ Youtubers covered LG phones extensively, but did not always give them credit for innovation.
ð LG tried new and unique hardware designs, but this did not always lead to recommendation.
00:09:50 The downfall of LG phones is attributed to their innovative but flawed features, inability to keep up with the competition's advancements, and lack of overall recommendation. LG G8's gesture control feature failed to impress, resulting in a phone that was considered a jack of all trades but a master of none.
LG phones had innovative features and designs, but were often difficult to recommend to a larger audience.
The LG G8 had solid specs and features, but the new hand gesture feature did not work well.
LG phones were considered jack of all trades, but master of none.
00:12:16 LG's decision to exit the smartphone market was a business decision due to their lack of a consistent money-making product. They will now focus on other growth areas like electric vehicles, connected devices, and robotics.
ðą The lack of a consistent money-making smartphone led to LG's decision to exit the smartphone market.
ðž LG's strategic decision to focus on growth areas like electric vehicle components, connected devices, smart homes, robotics, AI, and business solutions.
â LG will continue to support existing phones until the Android 12 update, but new purchases are not recommended.
00:14:43 LG Phones meet their end. LG's innovation and risk-taking weren't enough to sustain long-term success. Their departure leaves a void in the market, missing out on potential groundbreaking ideas and competition. RIP LG smartphones.
ðĄ LG phones failed due to a lack of balance between innovation and stability.
ðą Losing LG means missing out on their unique ideas and fewer competitors in the smartphone market.
ð§ The decline of LG was a result of long-term business decisions.
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