LG planning to release 20 Android Phones
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LG is not doing very good at this moment. CEO Nam Yong hopes to turn things around with his plan to flood the smartphone market. LG is planning to release 20 android phones by the end of 2010.
Android & Windows Mobile
LG has been loyal to the windows phone operating system and plans to ship a number of new phones with windows phone 7 version when it launches later this year. However, its focus is clearly on Android devices now. CEO Nam Yong said that LG wanted to have half of its models running the Google operating system Android. This push of 20 models will certainly go a long way towards achieving that goal.
Mobile Market
The mobile market is where LG is performing best and focus on this should increase its revenue significantly. LG said it needs more time to turn around its ‘weak’ financial position and expects poor results for the second quarter of this year while it changes its focus.
20 models is quite a lot to release before the end of the year and may lead to a situation where LG is competing with itself by spreading itself too thinly. Clearly LG sees the recent growth in Android’s market share as a potential money maker.