LG Goes on Developing HI-END Mobile Phones Despite Crisis

The worldwide market still feels the influence of the financial crisis. Most mobile phone manufacturers decided to focus on middle class mobile devices popular among many mobile users. LG has become an exception and continued working upon high-end mobile phones and delivering them to various markets. The latest high-end devices are represented by LG Arena (LG KM900), LG Viewty Smart (LG GC900), LG GD900 Crystal, and LG GM730.
The choice of the LG’s strategy can be explained by the results of current mobile phone market examination. LG Electronics has come to a conclusion that buyers have become more rational when choosing a mobile device and purchase it only if it meets all the requirements. The financial crisis virtually has no influence on the decision to buy a more expensive device if it is really worth buying.