LG

LG, formerly Lucky-Goldstar, is a South Korean conglomerate.
==Background==
Its subsidiary LG Electronics manufactured mobile devices which used the Android operating system.LG gets orders for 20M OLED iPhone screens this year, ending Samsung monopoly by Ben Lovejoy, 9to5Mac. 2020-05-27. In 2013, LG had the second-largest share of the mobile phone market in the United States.LG takes 2nd place from Apple in US handset market for first time since 4S launch by Jordan Kahn, 9to5Mac. 2013-01-21. However, after posting a $4.4 billion loss in 2020, LG announced in April 2021 that it would exit the "incredibly competitive" mobile phone business by July 31, 2021. Continuing sales were limited to clearing inventory of existing models and the company's remaining resources were redirected towards "electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions".LG quits the 'incredibly competitive' smartphone business by William Gallagher, AppleInsider. 2021-04-05.LG to close mobile phone business worldwide, LG. 2021-04-05. In July 2021, LG announced a deal with Apple to sell its iPhones and other products at LG stores in Korea. LG confirms it will sell iPhones at South Korean stores by Cho Mu-Hyun, ZDNET. 2021-07-27.
===LG display technology===
LG Display manufactures electronic components, such as LCD and OLED screens, for use in Apple products. With the discontinuation of the Apple Thunderbolt Display in 2016, Apple collaborated with LG to develop the LG UltraFine Displays for the Mac lineup. In March 2022, Apple stopped carrying the LG UltraFine 5K in its retail stores after the introduction of the Studio Display, though the 4K version remains available.Here’s how the new Apple Studio Display compares to the Pro Display XDR and LG UltraFine by Michael Potuck, 9to5Mac. 2022-03-11.
==References==
==External links==
*LG official website
*, , and at Wikipedia
Category:Acronyms
 
Category:1947 establishments