LG shelves future tablet efforts
Will focus on smartphones instead
Agentless Backup is Not a Myth
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. ®
COMMENTS
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.
SRSLY LG?!
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