LG mobile phone performance poorly cut thousands of people or exit the domestic mobile phone market

"Science and Technology News" December 4, a number of http://www.aliyun.com/zixun/aggregation/31646.html today, "> media reported that LG Electronic mobile phone business has begun to lay off the country. The layoffs involved nearly thousands of front-line sales staff and some managers. There is a view that this means that LG mobile phones will withdraw from the domestic market.

People familiar with the matter told the media that LG Electronics began to lay off workers in the country last week, and many employees received a notice of impending departure, most of which were sales staff. The reason is that LG mobile phone in the domestic product line has dried up, a few months did not launch new products, resulting in LG mobile phones can not sell, sales staff idle led to mass layoffs. However, as of press time LG Electronics has not yet responded to the redundancy information.

Analysis points out that LG Electronics in the smartphone market strategy has been a major failure, product development has not been followed by the development of domestic mobile phone market, leading to a decline in sales performance in the domestic smartphone market basically without influence. The LG electronic mass layoffs to shrink spending, but also can only ease the moment, but also face the issue of compensation for staff turnover. In this view, LG Electronics in the future is likely to withdraw from the domestic mobile phone market.