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The Rise and Fall of LG Mobile

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What Happened to LG Mobile?

LG Electronics has been a household name since the late 90s. They make all kinds of home appliances - from groundbreaking TVs, washing machines to solar panels that power large homes and buildings. They've consistently ranked in the Top 100 Consumer Electronics companies in the world, albeit dropping down several positions in the recent past. While they continue to be profitable as a company, mostly thanks to their home appliances, their Mobile division continues to bleed money and market share. They've lost so much that people thought they would finally call it quits in 2019. But this wasn't their case just five years ago. So what ended up making life, well, not so good for LG Mobile? Let's find out!

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