Flexing some muscle
The company stressed the durability of the G Flex, saying it held its form after a 40-kilogram (80-pound) weight was placed on it 100 times. LG plans to start selling the flexible smartphone Tuesday. The company did not reveal the retail price, but industry experts put it at 1 million won ($942).
Meanwhile the world’s No.1 smartphone maker, Samsung Electronics, introduced a low-budget smartphone, the Galaxy Win, that will retail for 550,000 won. The Win is the company’s fourth low-cost smartphone this year. Apple recently started selling its lower-cost iPhone 5C, intensifying competition with its biggest rival.