Monday 16 December 2013

LG shoots down rumors of a Huawei smartphone partnership

LG shoots down rumors of a Huawei smartphone partnership
Dec 16th 2013, 14:22, by Vlad Savov

With the laudable Nexus 5 and G2 as its most recent smartphones, you wouldn't think that LG is in need of any help in making appealing new phones and the Korean company wholeheartedly agrees. Nonetheless, a report by the Korea Times today suggests that LG is considering setting up a joint venture with Huawei in order to "revive its smartphone business." LG has moved to quickly quash that rumor, telling The Verge that "there is no discussion now or in the past with Huawei on any aspects of LG Electronics’ business."
What might be most telling about this analyst-fueled speculation is the aggressiveness with which LG has sought to extinguish it. The analyst cited by the Korea Times says LG is feeling "a sense of urgency" to improve its...
Continue reading…

No comments:

Post a Comment