In line with the latest reports saying LG
is re-strategising its mobile business, the company seems to be working
on a new series of smartphones. LG could soon launch a smartphone under
the brand Icon and a smartwatch under the name Iconic. LG is already
said to have noted
that it will take a departure from its annual smartphone launch cycle.
These moves by LG could be seen as a strategy to revamp its struggling
smartphone business that has been incurring losses for several quarters
now.
Coming back to the new nomenclature, according to the
database of USPTO (the United States Patent and Trademark Office), LG
has filed trademarks for a smartphone under the names: LG Icon, LG
Aicon, and LG Aiconn. Additionally, it has also filed a trademark for
the name 'Iconic' for a smartwatch. Famous tipster Evan Blass (aka
@evleaks) first spotted the trademark and tweeted
: "With LG rumoured to be rebranding its flagship G-series, I noticed
that the company just trademarked "LG Icon" for a smartphone and
"Iconic" for a smartwatch."
It remains to be seen if LG will
rebrand the G series with Icon or whether it will launch smartphones
under that name at all. Companies use the trademark filing to secure a
particular name for their future products. They are at a discretion to
keep or discard them.
Meanwhile, LG, at CES 2018, has reportedly
said that will no longer fix a regular timeline to announce its
handsets. Usually, it releases the G-Series smartphones in the first
half of the year and the V-series in the second half. Alongside the
shift from launch cycles, LG has also made it clear that it will release
more variants of its existing lineup. The South Korean consumer
electronics giant was expected to announce its latest flagship
smartphone at Mobile World Congress 2018 in Barcelona
LG has
reportedly said that it will not unveil new smartphones "just because
other rivals do". Instead, it wants to increase the longevity of its
existing lineup of smartphones by launching more "variant models in the G
series or V series."
Interestingly, a ZDNet report
quoted CEO and Vice Chairman Jo Seong-jin (aka Cho Sung-jin), as
saying, "If there is something that is needed to be changed, we will
change it." This is another hint at the changing of the name of the
G-Series, or even the V-Series. Another report
from South Korea has said that LG will be dumping the G brand and will
not name the first flagship smartphone of 2018 as the G7.
Based on these reports, LG is clearly reassessing its smartphone business and everything is up for a change.
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