Nexus 4 Production Has No Problems: LG

0
Nexus 4 Production Has No Problems: LG
Photo by Domenic K.


Nexus 4 Production Has No Problems: LG

The production of Nexus 4, the latest smartphone from Google Inc (NASDAQ:GOOG) has no problems, according to LG, who are  responsible for manufacturing the device.

A spokesperson for LG said rumors indicating production problems of Nexus 4 were unfounded. In a statement to Chosun Ilbo, a newspaper in South Korea, the LG representative said, “Our domestic Pyeongtaek manufacturing plant has been producing the Nexus 4 without a hitch. There is no problem in supplying.” The spokesperson did not provide any clarity regarding the availability of the device.

Option Trading and the Future of Option Alpha with Option Alpha’s Kirk Du Plessis

Arena Investors Chilton Capital Management Schonfeld Strategic Advisors Robert Atchinson Phillip Gross favorite hedge fundsValueWalk's Raul Panganiban interviews Kirk Du Plessis, Founder and CEO of Option Alpha, and discuss Option Alpha and his general approach to investing. Q1 2021 hedge fund letters, conferences and more The following is a computer generated transcript and may contain some errors. Interview with Option Alpha's Kirk Du Plessis


Google Inc (NASDAQ:GOOG) introduced the Nexus 4 last October and started selling the device on November 13th 2012,  all the available devices were sold-out immediately. Consumers observe that it is difficult to order Nexus 4 on Google Play store because the supply runs out so fast.

A report from Digital Trends cited that LG and Google shipped approximately 370,000 units since the release of Nexus 4. The figure is based on the serial numbers decoded by enterprising fans of Nexus 4. Based on this discovery, buyers are wondering if LG is working at full capacity to meet the strong demand for the product. Some speculated that LG underestimated the demand for Nexus 4.

The report also cited a comment from Dan Cobley of Google UK last December that the “supplies from the manufacturer are scarce and erratic,” in response to a raised by consumers who experienced difficulty in ordering the device.

Nexus 4 is popular because it runs the naked version of the Android operating system, equipped with an elegant hardware design, 4.8-inch HD display, 8 mega-pixel camera, and a quad-core processor. The device is free from application services intrusion from the manufacturer and wireless carriers. Nexus 4 is the first to receive new features every time Google Inc (NASDAQ:GOOG) updates the Android operating system.

Google Inc (NASDAQ:GOOG) is offering the product for a low price at $299/$349 without contract. According to reports, Nexus 4 will be available at T-Mobile stores this month. Virgin UK is selling the Nexus 4 for £99 with a two years contract of £34 per month.

No posts to display