LG Sneak attack Samsung "thanks" Note4 propaganda G2 Mobile
Source: Internet
Author: User
October 29, Samsung Electronics company in Korea and the United States Apple in the global smartphone market in fierce competition, and now after the hospital fire. Samsung Electronics is facing its hundred years old rivals, South Korea's LG Electronics company's sneak attack. Unlike the less substantial threat from China's low-cost manufacturers, LG, in addition to eroding Samsung's smartphone market share, is becoming an important player in many of Samsung's product areas, including television and home apps. Samsung also has technical advantages in key components such as displays. Samsung and LG are closely watching each other's product release plans, people familiar with the matter said. To be sure, LG's harvest is still hard to rival Samsung. Samsung 2013 annual income of 229 trillion won, while LG revenue for the same period of 58 trillion won, the former is almost 4 times times higher than LG. In addition, Samsung net profit amounted to 30.5 trillion won, while LG was 223 billion won. Samsung accounted for 25.2% of the global smartphone market in the second quarter and LG accounted for only 4.9%, Strategy Analytics, a market research firm, released data. Samsung still dominates the market in terms of television and memory-chip shipments. But Samsung's third-quarter financial report in early October has become more apparent in the smartphone market. Samsung said its third-quarter operating earnings had fallen by more than half from a year earlier, largely because of the huge impact of smartphone business. Samsung's television and display departments are not as good as expected. LG released its earnings in Wednesday, and analysts said it was expected to double its operating earnings as its May launch of the G3 smartphone performed better than expected. In South Korea, LG accounted for 27% of the handset market in the third quarter, up 18% from a year earlier, according to Counterpoint Research, a marketing agency. In the same period, Samsung's share of the market fell from 66% to 60%. LG Display Co is becoming the biggest competitor of Samsung Display co under the Tri-Flag company. LG has posed a threat to Samsung in the third quarter, with high-end screen sales and profits from Apple's iphone and LG flagship handsets. At the same time, LG Display Co's revenue growth is mainly its larger, more advanced display, LG Electronics company launched a series of Arc screen ultra-thin TV to beat Samsung. Now, there are signs that Samsung has become increasingly aware of the threat of its home-grown dwarf rivals, and Samsung has even taken advantage of LG for example, introducing the Back button feature on its latest Galaxy Note 4 smartphone, which LG launched last year on its G2 smartphone. LG did not miss the rare opportunity to scoff at "giant rivals", posting in its official account: Thank Note 4 for helping push! Samsung declined to comment. Samsung and LG have been pioneers of technology for decades, and they have made great achievements in the fields of television, refrigerators, washing machines and mobile devices. But they're almost in the sameCompete in global markets and product categories. Samsung and LG battled again in September. At that time LG executives entered the Berlin electronics store, reportedly breaking many of Samsung's high-end washing machine doors. Samsung immediately lodged a formal complaint with the Supreme Prosecutor's office, asking for an investigation. LG denies malicious accusations, saying its executives accidentally broke the Samsung washing machine door when it was randomly inspecting it. LG also took the opportunity to stress that it surpassed Samsung in washing machine sales, one of LG's leading Samsung's few products. South Korean authorities are also investigating the incident, and the prosecutor's office declined to comment. LG was founded in 1958, the company used to use the name of Venus, when the main radio manufacturing. In terms of technical strength, LG has always lagged behind Samsung, but revenues are almost synonymous with Samsung. Samsung was founded in 1969 to build Black-and-white television until the mid 1980s, when Samsung entered the lucrative computer and semiconductor sectors. After the the late 1990s Asian financial crisis, the gap between LG and Samsung began to increase. At that time, the South Korean government forced LG to divest its chip business, to achieve a consortium reorganization. Its chip business was set up separately by SK Hynix Inc., which has now become the world's second largest memory chip manufacturer after Samsung. Last year, when LG was rumoured to be introducing the industry's first arc-screen smartphone in the fourth quarter, Samsung suddenly held a press conference in September 2013 to launch its own ARC-screen mobile phone. Samsung also launched its Galaxy round smartphone in South Korea in October. LG11 month in the global market launched a G-Flex mobile phone, about its ARC screen mobile phone sales data has not been announced. In response to LG's launch of the G3 smartphone this year, Samsung launched its new tablet phone Galaxy Note Edge in September. Chris Yie, vice president of marketing at LG Mobile, said: "It depends on what our products can do for our customers and our customers are dissatisfied and we can't make money." LG is preparing a new product for the Samsung Galaxy Note Edge, he said, but he did not give more details. Samsung and LG seem to have chosen their next battleground: LG Display's engineers are developing curved screens that will allow their phones to fold in half. Samsung is planning to start producing its curved screen displays early next year. Sail)
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