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"Longer life cycles, increased competition from other categories such as larger smartphones, combined with the fact that end users can install the latest operating systems on their older tablets has stifled the initial enthusiasm for these devices in the consumer market," said Jistesh Ubrani, senior research analyst for IDC's Worldwide Mobile Device Trackers, in a statement. Amid lackluster tablet sales, Apple maintained its lead in the worldwide tablet market, amassing a 24.5 percent market share and shipping 10.9 million units in the second quarter.
Samsung held its No, 2 position in the market with 7.6 million units shipped and 17 percent market share in the second quarter of 2015, Lenovo maintained its No, 3 position with 2.5 million units and 5.7 percent share of the market, LG and Huawei ended the quarter in a statistical tie for fourth place, rounding out the top five with each shipping 1.6 million devices, The numbers reflect a slow shift in the landscape of the top iphone case grip tablet vendors, as Apple and Samsung -- with a combined 41.5 percent market share at the end of the second quarter compared to 65.7 percent the previous year -- lose market share to smaller players, namely Lenovo, Huawei and LG Electronics, Bouchard said smaller vendors are doing a better job of addressing smaller pockets of demand, with LG addressing the demand for connected tablets and E FUN addressing the need for more affordable tablets..
But there's still hope for vendors of all sizes to regain some lost ground, Ubrani said. "With newer form factors like 2-in-1s, and added productivity-enabling features like those highlighted in iOS9, vendors should be able to bring new vitality to a market that has lost its momentum," he said. And how will Microsoft's new Windows 10 software factor into the 2-in-1 space?. Demand in the 2-in-1 space has been weak as the product offering was limited across Windows 8 and other platforms, according to Bouchard. But he said Windows 10 will help the 2-in-1 space, spurring Microsoft licenses to start producing 2-in-1s running Windows. "With more devices there will be more competition, prices will go down, demand will increase."The worldwide tablet market continues its slow decline, and the biggest players are dropping fastest, according to the International Data Corporation.
The South Korea-based electronics giant tallied 13.9 trillion Korean won ($16.2 billion) in sales during the second quarter (PDF), down 7.6 percent compared with the same period last year, LG was able to nab a small profit of 226 billion won, though that was down nearly 50 percent from 412 billion a year earlier, Chief among LG's troubles during the period was its Home Entertainment division, which saw sales tumble 18 percent year over year, LG said the division was hobbled by weak global demand for televisions, especially in the key markets of Latin America and Europe, LG also reported that its Mobile Communications division, which includes smartphones such as its Android-based G4 flagship, saw shipments fall 3 percent year over iphone case grip year to 14.1 million units..
LG Electronics is a giant in the technology industry with a focus on four main units: Home Entertainment, Mobile Communications, Home Appliance & Solution, and Vehicle Components. The company is one of the most popular TV makers in the world, alongside Samsung, and has an offshoot in LG Display that builds screens for a wide array of products, including Apple's Mac line. Despite a somewhat disappointing second quarter, LG is still hanging on in the smartphone market. Research firm TrendForce reported last week that LG is the fifth-largest smartphone maker in the world with 5.8 percent market share. According to LG, its devices have grown in popularity n North America, where sales were up 36 percent year over year. In its home country, LG's mobile sales fell by 29 percent year over year on weaker demand.
Looking ahead, LG said it anticipates a turnaround for its television business, thanks to expected demand for its higher-end televisions, In mobile, LG said that while its business could face some trouble in emerging markets, its flagship G4 smartphone and the launch of new models should boost its operation in the third quarter, Still, the company acknowledged that keeping afloat in mobile won't be easy, "Expect overall market competition to gain market share to be fierce due to the launch of new models iphone case grip in the premium segment from competitors and continuous price competition in the mass segment," the company said in a statement..
LG did not immediately respond to a request for comment. Company reports that its smartphone division also had some trouble in the second quarter as unit shipments fell 3 percent year over year. LG Electronics, which sells everything from televisions to smartphones to refrigerators, had a tough but still slightly profitable second quarter. Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.
We're sitting by the pool at his new home in Ho Chi Minh City in early July, the morning after Vu relocated his wife and infant daughter to the city, the former capital of South Vietnam before the country was reunified in 1975, Thirty-six years after leaving Vietnam for the US, Vu is moving back home -- and not just for the world-famous banh mi sandwiches and spring rolls, The move signifies just how important Vietnam is to 42-year-old Vu and his company Misfit, the wearable devices maker he co-founded in October 2011 with longtime partner Sridhar Iyengar and former Apple CEO John Sculley, The company -- iphone case grip which offers low-priced fitness trackers, including the new $20 Flash Link smart button -- started in Vietnam and the US at the same time..