LG mulls smartphone, tablet shift

LG Electronics is tipped to be on the brink of cutting back production of PCs in favor of smartphones, tablets, and hybrid computers.
 
Ha Hyeon-hoe, chief of the firm’s Home Entertainment division, is expected to reveal the strategy shift in a press briefing at the Consumer Electronics Show in Las Vegas tomorrow (Jan 7), The Korea Times reports, citing a company executive 
 
LG’s Home Entertainment unit produces PCs, TVs, and monitors, while mobile handsets are handled by its Mobile Communications division. Home Entertainment sales fell 7% year-on-year to 5 billion Korean Won (€3.4 million), and while the firm states profitability improved quarter-on-quarter, it doesn’t reveal the figure.
 
Traditional PC sales are waning as tablets become mainstream. Research firm Canalys predicts tablets will account for half of all PC shipments in 2014, up from 40% in 2013. The firm states tablets were largely responsible for an 18% year-on-year rise in overall PC shipments – desktop, notebook, laptop, and tablet – in 3Q13, as sales of notebooks and laptops fell year-on-year.
 

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.