There are plenty of phone manufacturers struggling with vision and profitability in the smartphone space.
Apple, HTC and Samsung (perhaps Motorola in future) are booming but it's hard times for many others.
One such is Korean outfit LG, which has recently been heavily marketing its 3D devices, albeit to little obvious success.
Down, down
Running his sliderule over the company, market analyst Horace Dediu reckons it would make most sense for the consumer electronics firm to offload its mobile business altogether.
Indeed, the company has recently performed even worse than RIM, Nokia and Sony Ericsson, with its shares halving during 2011 and no profits since Q3 2009. The company's market capitalisation is only 0.9 of its book value compared to 1.1 for Nokia and 1.6 for RIM.
"Selling the loss-making business is probably what investors want," said Harrison Cho, an analyst at KB Investment & Securities.
"But even with that option, LG wouldn't get much from the sale. They should have sold it long ago before the overall landscape got tougher."
The uncertainty over Android won't help matters either, especially as the only other option Window Phone - which LG already supports - is looking increasingly Nokia-centric.
[source: Asymco]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Related Articles
Top Stories
News
May 11th, 2024
PocketGamer.biz Podcast Week in Views E11 - Xbox in turmoil, Krafton champions AI development, and Apple's iPad challenge
News
May 10th, 2024
Unity says restructure that saw mass layoffs is now complete as it posts Q1 2024 revenue decline
News
May 10th, 2024
Week in Views - Xbox's mobile games store is doomed to fail, Sonic meets the Angry Birds, and Apple's iPad problem
Feature
May 10th, 2024
New release roundup: The best new mobile games from a round of roguelikes to a Sonic surprise
Events
Valencia Indie Summit 2024 | Europe | May 16th |
Digital Dragons | Europe | May 19th |
GamesBeat Summit 2024 | North America | May 20th |
Mobidictum Meetup Tallinn May 2024 | Europe | May 21st |
Nordic Game Spring 2024 | Nordic | May 21st |
Impact 2024 - Indie Games | May 23rd | |
Israel Mobile Summit 2024 | Middle East | Jun 6th |
Future Games Show 2024 | Jun 8th |