Menu

The G5 Couldn’t Save The Day: LG Shakes Up Its Mobile Division Due To Poor Sales.

LG brought in their A-game with the G5, but thanks to the stiff competition, they’ve witnessed a decline in sales, In case you didn’t know, LG ranked seventh in global smartphone sales with a share of less than 4 percent in the first quarter of this year.

lg-g52-1

Now, Korean times has reported that the company went through a major shake-up of Senior executives in its mobile division. The shake-up is being termed as a “program management office” where LG sent a few hundred employees from the mobile division to the company’s vehicle component division. According to LG via Korean times:

Friday’s announcement is because LG Electronics’ latest flagship G5 smartphone failed to generate sales,” LG said, adding it hopes the shake-up will give its ailing mobile business “new momentum.

Although LG claims that the move was aimed at enhancing flexibility in human resources management, but analysts say that the shake-up at the mobile division was to reduce fixed costs at a critical time when the firm needs to improve profit, after the division posted an operating loss for three-quarters in a row.

You need not be told that the Samsung Galaxy S7 series and Lenovo’s Moto G have created a huge problem for the G5 which had a good first month, but now has a poor shipment report thanks to the withering attention.

Creating history... One review at a time.

    1 comment on “The G5 Couldn’t Save The Day: LG Shakes Up Its Mobile Division Due To Poor Sales.

    1. ỌBÁDÁRÀ says:

      … WELL, ITS WHAT WILL HAPPEN THAT IS HAPPENING NOW. LG FOR NOW WILL BE IN THE SHADOWS OF SAMSUNG. THEIR MODULAR IMPLEMENTATION WAS POOR COMPARED TO THAT OF LENOVO’S MOTOROLA’S LATEST,YET,THEY WILL BE BASHING SAMSUNG. #SAMSUNGISKING…

    Leave a Reply

    Your email address will not be published.

    Scroll to top