LG was founded in South Korea in 1958. The company has grown to such an extent internationally that there is a high likelihood of there being an electronic device bearing the LG name in the homes of many people around the world. Over the years, LG has gained huge popularity for its monitors and TVs, vacuum cleaners and other appliances. The secret of the South Koreans’ success is in the competitive pricing of their products. When you compare electronic devices or household appliances from LG with their competitors, it is almost a foregone conclusion that LG will win in their domestic market, which gives them a sound base for international business.
LG came rather late to the mobile phone market, but this didn’t stop fans of this brand from switching their mobile phone preference to LG. Many visitors to this website in the mid 2000s used a clamshell LG, which never let them down. Now LG has joined the ranks of the “big guys” producing over 76 million phones in 2014. The South Koreans developed their relationship with Google, which gave them the opportunity to create a smartphone under the brand name Nexus, which gained a reputation for an optimal “price / quality” ratio. These smartphones work with a clean Android operating system, without all sorts of third-party skins, which has a positive effect on performance.
But LG also designs, develops and produces their own line of smartphones, which have occupied a sizable niche down to features such as an optical stabiliser.