LG to Release a Flexible-Display Smartphone This Holiday Season
April 25, 2013 11:05 AM
comment(s) - last by
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 article is over a month old, voting and posting comments is disabled
RE: Global Communicator
4/25/2013 7:56:34 PM
Agreed, one the best conceived piece of future stuff ever.
Superior to Star Trek communicator, com badge, and tricorder.
Love the "fact" that it supported both the communication functions AND the web interface/app functions equally well, something current offerings DON'T do.
"Intel is investing heavily (think gazillions of dollars and bazillions of engineering man hours) in resources to create an Intel host controllers spec in order to speed time to market of the USB 3.0 technology." -- Intel blogger Nick Knupffer
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
Apple's "iBeacon" Tracks Customers Inside Apple Stores for Enhanced Shopping Experience
December 6, 2013, 11:26 AM
Apple Says 74% of Its Mobile Devices Now Run iOS 7
December 6, 2013, 10:06 AM
Apple and Samsung See Virtual Tie in Q3 U.S. Sales, Nokia Seizes Fourth
December 5, 2013, 8:00 PM
AT&T Goes After T-Mobile with Reduced Off-Contract Prices, New Base Rates
December 5, 2013, 11:28 AM
MSI Unveils 3K Resolution GT60 Gaming, Workstation Notebooks
December 5, 2013, 11:00 AM
No iPhone for Obama Due to Security Concerns
December 5, 2013, 9:57 AM
Most Popular Articles
NSA Snares Americans' Porn Viewing Histories in Effort to Target Muslims
December 1, 2013, 9:00 PM
Hackers Nab 2 Million Login Credentials from Facebook, Gmail, Twitter
December 5, 2013, 1:00 PM
Dow Chemical to NYC City Council: You Don't Even Know What Styrofoam is!
December 2, 2013, 8:30 PM
Experts: Masturbation Prevents Cancer, Diabetes, Insomnia, and Depression
December 6, 2013, 2:01 PM
Thieves Steal Truck with Cobalt-60 Onboard in Mexico, Will Die "Without a Doubt" from Exposure
December 5, 2013, 12:04 PM
Latest Blog Posts
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
Is The Period Becoming an Expression of Anger?
Nov 26, 2013, 2:02 PM
NSA and Congress -- You Will Never Kill the Constitution, It's an Idea
Nov 10, 2013, 2:00 PM
AT&T Explores $100B+ USD Deal to Acquire Vodafone's European Operations
Nov 4, 2013, 7:34 AM
More Blog Posts
Copyright 2013 DailyTech LLC. -
Terms, Conditions & Privacy Information