[citation needed] Later, as the smartphone sector continued to grow, South Korea's LG Electronics also joined the competition.
Eventually, LG shifted to offering phones with a better camera and higher screen quality, which increased their cost of goods.
[6] LG announced its decision to exit the smartphone market in April 2021 due to their continued net loss in this sector.
[citation needed] Current South Korean producers of mobile phones include: Former South Korean producers of mobile phones include: Samsung and Apple have the largest market shares in Korea.
[citation needed] There are three mobile phone service providers and they are currently deploying their 5G networks.