Japanese press “because of being pushed by China” on LG Electronics’ decision to withdraw mobile phones

Kyodo News “Possibility of Talent Outflow to Chinese Companies”

(Tokyo = Yonhap News) Correspondent Lee Se-won = In connection with LG Electronics’ decision to end the production and sales of mobile phones, the Japanese media paid attention to the rise of Chinese companies at once.

NHK analyzed the background of this decision, saying, “Amid the widening gap between Apple and Samsung Electronics in Korea in the high-end model market, it was pushed back by Chinese companies.”

Nihon Keizai (日本經濟) Shinmun (Nikkei) diagnosed that “Korean companies that previously drove Japanese electricity companies into a corner were also pursued by Chinese companies and were forced to withdraw.”

The newspaper evaluated that LG Electronics’ mobile phone business reached its peak in sales in 2014, but it has continued to be pushed back by the advances of Chinese companies such as Huawei, Xiaomi, and OPPO.

The Japanese media is also paying attention to the movements of talented people who were active in the mobile communications (MC) business of LG Electronics in charge of mobile phones.

Regarding the policy of relocating them to artificial intelligence (AI) or electric vehicles (EV), etc., Kyodo Communications said, “There is a possibility that human resources may leak to Chinese companies expanding their power in the smartphone market. It is opaque,” ​​he predicted.

Nikkei said that LG Electronics gave up the sale of the business unit because of fear of a technology leak.

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2021/04/05 17:14 sent