LG's superstar G2 smartphone may be the current speed king, but it hasn't sold well for the South Korean company. According to DigiTimes' sources, it is because of the Nexus 5 that the G2 didn't sell too well.
LG manufactured the Nexus 5 for Google, which seems to have cannibalized its G2 sales, with DigiTimes' sources stating: "The release of the G2 was too close to the launch of the Nexus 5, which affected sales momentum of LG's own flagship model." The South Korean giant had expected to sell 10 million of its G2 smartphones, but only managed to sell just over two million units for the year.
I actually pointed this out in my review of the G2, where I said: "The Nexus 5 is one of the best specced devices on the market, at an absolute competitor-crushing price of just $349, and this in turn creates a huge problem for LG. Which phone do you buy? The utterly ridiculously priced Nexus 5? Or the G2, which is double the price?"