LG shelves future tablet efforts
Will focus on smartphones instead
LG has ceded the tablet arena to Apple. Effectively chucking in the towel, it has put the development of future tablets "on the back burner".
So says a company spokesman, Bloomberg reports after probing the South Korean giant for its response to Microsoft's Surface launch.
The LG minion said: "We've decided to put all new tablet development on the back burner for the time being in order to focus on smartphones."
Not even LG's bigger arch-rival, Samsung, has managed to significantly dent Apple's lead in tablets. Quite apart from Surface, LG also has to consider competing with Google's upcoming own-brand tablet, the Asus-made Nexus 7, which expected to be announced later this month.
LG barely troubles the scorer in the tablet market, so no wonder it wants out. But it does have a top-five placing in the world smartphone business, according to most market watchers. ®
MS FUD FTW!
The strategy has worked more quickly than one might have expected,
Re: One less for MS to pound into the dirt
Some news for you Sherlock. MS surface doesnt scare anyone - its currently vapourware.
The futility of flushing cash down the drain with year after year of zero profits trying to compete on price with a race to the bottom with those with deeper pockets (or more cojones) such as Google, Amazon, Asus, Samsung.
Look at the evidence of everyone elses tablet efforts:
1. HP - broken.
2. RIM - mostly broken.
3. Motorola - swallowed.
4. HTC (profits in free fall).
Oh and even if you have the balls & cash you still have Apple locking you out of the supply chain or buying up the "next good thing techwise" before it even occurs to you to do so.
Need I go on?
The reason LG failed...
is because they released a tablet that had a 3D camera and a 2D display, which was priced @ approximately £700-£800.