5G Technology World

  • 5G Technology and Engineering
  • FAQs
  • Apps
  • Devices
  • IoT
  • RF
  • Radar
  • Wireless Design
  • Learn
    • 5G Videos
    • Ebooks
    • EE Training Days
    • FAQs
    • Learning Center
    • Tech Toolboxes
    • Webinars/Digital Events
  • Handbooks
    • 2024
    • 2023
    • 2022
    • 2021
  • Resources
    • Design Guide Library
    • EE World Digital Issues
    • Engineering Diversity & Inclusion
    • Engineering Training Days
    • LEAP Awards
  • Advertise
  • Subscribe

LG Pay Launch On Hold Until After Mobile World Congress

By Diana Goovaerts | February 16, 2016

Smartphone manufacturer LG has put plans to roll out its new LG Pay mobile payment system on hold until after Mobile World Congress, a Korean news agency reported.

According to the Korea Times, LG made the decision to avoid the possibility of LG Pay overshadowing its new flagship G5 smartphone.

The mobile payment system, which aims to give rivals like Google’s Android Pay, Apple’s Apple Pay and Samsung’s Samsung Pay a run for their money, is now scheduled to launch in the second quarter of this year, a company spokesperson told the Korea Times.

In issuing its statement, the company denied the delay had anything to do with difficulty signing agreements with card issuers in its target markets.  In November, LG announced it has already signed on to work with two local South Korean banks – Shinhan Card and KB Kookmin Card – to launch LG Pay. Partnerships with banks in the U.S. market have not yet been announced.

LG’s G5 smartphone will be launched on Feb. 21 just ahead of Mobile World Congress in Barcelona.

The device will include a 5.3-inch LCD display and will be the first released under LG’s new mobile chief Cho Juno.

According to a recent report from Parks Associates, LG remained the third most popular smartphone brand in the U.S. in 2015, accounting for 10 percent of the smartphone market share to Apple’s 40 percent and Samsung’s 31 percent.


Filed Under: Devices

 

Next Article

← Previous Article
Next Article →

Related Articles Read More >

High-directivity couplers optimized for 225 – 750 MHz applications
Integrated into IoT devices, iSIM poised to make inroads
Triple-radio and multiprotocol MCUs add application processors
5G vectors
How RedCap fits into 5G and IoT

Featured Contributions

  • Overcome Open RAN test and certification challenges
  • Wireless engineers need AI to build networks
  • Why AI chips need PCIe 7.0 IP interconnects
  • circuit board timing How timing and synchronization improve 5G spectrum efficiency
  • Wi-Fi 7 and 5G for FWA need testing
More Featured Contributions

EE TECH TOOLBOX

“ee
Tech Toolbox: 5G Technology
This Tech Toolbox covers the basics of 5G technology plus a story about how engineers designed and built a prototype DSL router mostly from old cellphone parts. Download this first 5G/wired/wireless communications Tech Toolbox to learn more!

EE LEARNING CENTER

EE Learning Center
“5g
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for EE professionals.

Engineering Training Days

engineering
“bills
5G Technology World
  • Enews Signup
  • EE World Online
  • DesignFast
  • EDABoard Forums
  • Electro-Tech-Online Forums
  • Microcontroller Tips
  • Analogic Tips
  • Connector Tips
  • Engineer’s Garage
  • EV Engineering
  • Power Electronic Tips
  • Sensor Tips
  • Test and Measurement Tips
  • About Us
  • Contact Us
  • Advertise

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy

Search 5G Technology World