LG originally came to the fore in the US because, like Samsung, it decided to make a big bet on Qualcomm's CDMA technology. During the flip-phone years, LG had a string of massive hits on Sprint and Verizon, making many of the best-selling flips of the 2004-2009 era such as the VX6000 and VX8100. Many Americans know LG for its major role in the mobile phone business, going back to Sprint's Touchpoint 1100 phone in 2000. The LG conglomerate has other businesses as well, which play a large role in the battery and display markets. According to its fourth-quarter earnings release, LG Electronics makes a considerable profit in its home appliance/air conditioning and home entertainment businesses, which include its renowned OLED TVs. But as LG is a display maker and provider to other phone manufacturers, the same technology may pop up elsewhere. The company had reportedly sought a buyer for its long money-losing phone business, but hadn't found any takers.Īmong other things, this means LG's rollable phone will probably never see the light of day. Best Hosted Endpoint Protection and Security Software.
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