Lenovo's acquisition of Motorola doesn't bother LG
Following the acquisition of Motorola by Lenovo in an attempt to boost their mobile presence, Kim Jong Hoon – head of LG Mobile – took the chance to state that despite the boost in market share the acquisition gave Lenovo, LG isn’t worried.
“There are many talks over Lenovo and Motorola in the media right now and how it affects LG, but internally, we aren’t discussing much about it.”
LG has firm plans to regain third place in the smartphone market by the end of the year and they don’t see Lenovo as being a threat to that goal. Currently LG is sitting in fourth place with around five percent of the market.
With LG introducing the new LG G Pro 2 it certainly has the hardware to battle for third place. Lenovo will take some time to get their acquisition in order and get a Motorola product to the market, but should LG be worried?
Let us know in the comments below.