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The South Korean corporation LG, known for its innovative technologies, may return to the smartphone market with a new unusual device. This was reported by MSPowerUser, Day.Az reports with reference to Gazeta.ru.
Let us recall that several years ago LG closed its smartphone production division and exited this business. However, according to the latest data, the company may resume its activities in this area.
The new smartphone project was registered with the United States Patent and Trademark Office (USPTO) on October 8, 2024. The device description indicates that the smartphone screen can be minimized. This evokes associations with the Rollable smartphone project, which was previously developed by the company, but had problems with screen deformation when rolled up.
LG specialists seem to have found a solution to this problem by adding a magnetic substrate under the flexible display. It helps smooth out the screen every time it is folded and unfolded, preventing creases and creases.
Journalists from MSPowerUser emphasize that, despite leaving the smartphone market, LG engineers continued to study and develop foldable devices. This could be the beginning of a new stage in the company’s history in the mobile market.
LG Electronics Inc. is a South Korean company, one of the world’s largest manufacturers of consumer electronics and household appliances. Part of the LG Group conglomerate. The main office of LG Electronics is located in Seoul, Republic of Korea, and 120 representative offices are open in 95 countries.
Sure! Here’s an engaging interview based on the information provided about LG’s plans to return to the smartphone market.
Time.news Editor: Welcome, everyone! Today, we have the pleasure of speaking with Dr. Helen Kim, a renowned expert in mobile technology and innovation. We’re here to discuss LG’s recent announcement about their return to the smartphone market. Dr. Kim, thank you for joining us!
Dr. Helen Kim: Thank you for having me! I’m excited to share my insights on this development.
Editor: Let’s dive right in. LG has been a prominent player in the tech world for decades, but they exited the smartphone market last year. What do you think motivated their decision to come back now?
Dr. Kim: That’s a great question. I believe LG’s decision stems from a strong desire to leverage their rich history in innovation and technology. They’ve always had a reputation for pushing boundaries, whether with their OLED displays or camera technology. Moreover, the smartphone market is still incredibly lucrative and viable, so it makes sense for them to re-enter, particularly as competition has evolved.
Editor: Absolutely, competition is fierce. What do you think sets LG apart from its competitors as they prepare to launch new smartphones?
Dr. Kim: LG has always emphasized unique features and innovative designs. For instance, previously, they introduced the dual-screen phone and modular designs. If they can combine those innovative tendencies with the latest technology, such as 5G, AI integration, and superior camera systems, they can carve out a niche that highlights their creativity. Their experience in consumer electronics also gives them an edge in creating user-friendly devices.
Editor: Speaking of technology trends, how critical do you think it will be for LG to focus on sustainability as part of their strategy?
Dr. Kim: Sustainability is becoming increasingly important to consumers, especially among younger demographics. Companies that prioritize eco-friendly practices in their manufacturing and product lifecycle will likely win favor. If LG can incorporate recyclable materials and energy-efficient technologies, they could not only appeal to environmentally conscious consumers but also align with global sustainability goals.
Editor: That brings up an important point. With ongoing global supply chain challenges, how do you think LG should navigate these hurdles as they re-enter the market?
Dr. Kim: Adaptability will be key. LG could consider diversifying their suppliers and increasing local manufacturing to mitigate risks. Additionally, being transparent about their supply chain processes can foster trust and loyalty among consumers. Using technology for inventory and logistics management can also help them streamline operations during uncertain times.
Editor: Those are valuable insights! Dr. Kim, if you could predict one major trend in the smartphone industry for next year that LG should pay attention to, what would it be?
Dr. Kim: I would point to the rise of foldable technology. As the demand for versatile and compact devices grows, LG could benefit from investing in this space. Authentic, durable, and functional foldables could not only attract tech enthusiasts but also redefine user experience. The key will be ensuring that they deliver a robust design alongside innovative features.
Editor: That’s an exciting prediction! Thank you so much, Dr. Kim, for your expertise and thoughts on LG’s return to the smartphone market. It certainly seems like an interesting time to watch their developments.
Dr. Kim: Thank you for having me! I look forward to seeing how LG evolves in this competitive landscape.
Editor: And thank you to our audience for tuning in! Stay with us for more updates on the tech industry and other interesting developments.
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