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LG’s latest flagship, the G6 may not go on sale in the world’s largest smartphone market.
According to a new report out of South Korea, LG may not launch the G6 in China due to its mobile business suffering losses in the country. In terms of market share, LG is doing quite poorly in China currently, with a share of less than 0.1% in 2016. The figure comes from Strategy Analytics.
Instead, LG is going to divert its marketing efforts to markets where it enjoys a greater market share, such as South Korea, the US, and Europe. In the US, LG was the third largest smartphone vendor last year, with a 15.5% market share. In 2015, its market share stood at 14.9%, so the company is definitely doing quite well in the US smartphone market. In Central and South America, LG was the fourth largest smartphone vendor, with a 9.3% market share, according to data available from Strategy Analytics.
No official confirmation has come from LG yet, so we will need to wait and see if this report turns out to be accurate. That said, it should be noted that LG hasn’t revealed any plans of launching the G6 in China yet, which could be an indication of the company’s plans of withdrawing from the country altogether.
Source: Digitimes
