LG to Release a Flexible-Display Smartphone This Holiday Season
April 25, 2013 11:05 AM
Overall phonemaker's profit has plunged, though, amid weakening TV market
LG Electronics, Inc. (
during its Q1 2013 earnings release that it is preparing a flexible-screen smartphone for launch in Q4 of this year.
smartphone could be the first flexible smartphone to hit the market, after years of
Analysts are concerned that low yields could make for a rocky release for the South Korean Android smartphone maker.
LG is also planning to in May launch in the U.S. a "safer" entry -- an upgrade to the Optimus G Android smartphone, dubbed
the Optimus G Pro
. The phone packs a 1080p 5.5-inch screen, a quad-core Snapdragon 600 SoC from Qualcomm, Inc. (
), and Android Jellybean. That places it in competition with domestic arch-rival Samsung Electronics Comp., Ltd.'s (
Galaxy S IV
, which launches May 1 on U.S. carriers, and
the HTC One
from Taiwan's HTC Corp. (
The Optimus G Pro is already on sale in Japan and South Korea.
LG is racing to deploy a smartphone with a flexible OLED display. [Image Source: Shiny Plastic]
LG's smartphone unit
is performing well, improving its operating margin from 1.4 percent to 4.1 percent. The unit moved 10.3m smartphones globally in Q1 and hopes to sell at least 45m smartphones this year.
But the company has been hard-hit by declines in its TV business unit. While its overall revenue rose from 13.2T Won ($11.9B USD) last year to 14.1T Won ($12.7B USD) this year, its profit plunged from 247.5B Won ($223M USD) to 22B Won ($19.8M USD). This contrasts with Samsung, which posted a record profit. Samsung and LG are currently embroiled in
a contentious court dispute over false advertising
In related news LG
from Hewlett-Packard Corp. (
) in late February. Thus far it's a bit unclear how that purchase will fit in with LG's smart-TV and smartphone offerings.
"This is from the DailyTech.com. It's a science website." -- Rush Limbaugh
Samsung Galaxy S IV Reviews: Better Than Its Predecessor, But Most Prefer HTC One
April 24, 2013, 10:16 AM
Quick Note: Samsung Countersues LG for $45 Million in Advertising Row
March 26, 2013, 10:45 AM
Is LG Making Monstrous Megalodon for Google Nexus 5 Android Superphone?
March 18, 2013, 12:54 PM
LG Buys WebOS From HP for SmartTVs
February 25, 2013, 11:14 AM
HTC Unveils Flagship 4.7" 1080p HTC One Smartphone
February 19, 2013, 12:47 PM
What is Flagship Sony’s XperiaX Smartphone?
October 25, 2016, 5:00 AM
The Galaxy C9 Pro Samsung Smartphone Has 6GB RAM
October 24, 2016, 4:29 AM
The Unlocked Moto Z Play Launches for $449.99 Today.
October 22, 2016, 5:00 AM
Nintendo Announced Next Game Machine to be Portable “handheld”.
October 21, 2016, 5:00 AM
Do you hate to do yard work?
October 20, 2016, 5:00 AM
Smart Technology Mood Collar To Understand Your Dog’s Emotions
October 17, 2016, 5:00 AM
Most Popular Articles
Car Insurance - The Hidden Discriminatory Practise
October 18, 2016, 5:00 AM
Cyber Hackers Threaten Security of Lifesaving Medical Devices
October 19, 2016, 8:09 AM
8 Days to Apple's October Event
October 19, 2016, 8:22 AM
Is Razer Blade Stealth Laptop For You?
October 16, 2016, 5:00 AM
Tesla Announces Level 5 Autonomous Driving
October 19, 2016, 8:30 PM
Latest Blog Posts
Medical Council of India Makes Generic Medicines Mandatory
Oct 25, 2016, 5:00 AM
MacBoo Pro 2016: Release date Oct. 27
Oct 24, 2016, 7:16 AM
Mac Users, Try this if Your Mac is Infected?
Oct 23, 2016, 7:00 AM
Tips to Prevent Smartphones From Overheating:
Oct 22, 2016, 5:00 AM
Nasa Flies Drones at Nevada Airport
Oct 21, 2016, 8:21 AM
T-Mobile Data Problems
Oct 20, 2016, 10:17 AM
Annoying Apple Watch Problems and How to Fix Them
Oct 20, 2016, 5:00 AM
Your Mail May Soon Be Delivered By Robot
Oct 19, 2016, 9:34 AM
2018 Jeep Wrangler Prototype Sells At Junkyard
Oct 18, 2016, 5:00 AM
Samsung Shines with Gold Edition Tablet
Oct 17, 2016, 9:24 AM
Tesla Hints Mysterious Product Debut for October 17th
Oct 16, 2016, 10:14 AM
Samsung Galaxy Note 7 Phones on US flights
Oct 15, 2016, 5:00 AM
Comcast Fined $2.3 Million For Unconfirmed Services Charged To Customers
Oct 14, 2016, 5:00 AM
“American singer / songwriter “Bob Dylan is awarded 2016 Nobel Prize in Literature.
Oct 13, 2016, 10:33 AM
Battery Defect in Medical Device
Oct 12, 2016, 5:00 AM
IBM Bolsters Social Services Sector With Technology Grants
Oct 11, 2016, 5:00 AM
Scientists Sound Alarm on Climate but US Still Toys With Skepticism
Oct 10, 2016, 5:00 AM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information