LG working on a new Nexus smartphone, “futuristic projects” under discussion with Google

May 2, 2013
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LG and Google executives met to discuss an “alliance in futuristic projects”, say Korean sources. LG is said to be working on a new Nexus smartphone.

Google’s CEO Larry Page visited South Korea last week, in a move that highlights the growing importance of the Asian nation as a hub of the global tech industry. During his trip, Page met with the country’s president, but also with the leaders of two largest technology conglomerates that hail from Korea, Samsung and LG.

Samsung’s Vice Chairman and heir apparent, Lee Jay-yong, casually slipped an interesting piece of information after he met Larry Page, that made pundits speculate about a possible partnership between the two technology giants. Specifically, Lee said Google was interested in Samsung’s blossoming OLED manufacturing business. However, without more details, it’s very hard to infer what this collaboration could mean for the consumer.

But it seems that Google is also in talks with the smaller, less ostentatious Korean tech manufacturer, LG Group. And, in LG’s case, we have a better idea of what the collaboration with Google would entail.

LG is reportedly working on a new Nexus smartphone, after the Nexus 4, released in November 2012, proved a hit. Moreover, LG is pushing hard to expand the Google partnership to other products, such as a Google-integrated OLED TV and even a collaboration on a Glass-like device. The information comes from a Korea Times report that quotes unnamed “sources” close to the discussions.

LG sees the partnership with Google as the engine of its turnaround:

LG needs help from Google to continue its business momentum in smartphones and TVs. That’s why Koo (Koo Bon-joon, LG Electronics Vice Chairman) met Page.

It’s not surprising to learn that LG is working on a new Nexus smartphone. The Nexus 4 was well received, and extending the collaboration with a new device seems logical. What we find more intriguing is the reference to Glass and other futuristic projects:

They exchanged views about the latest mega trend in the global information technology (IT) industry. They also discussed how to form an alliance in futuristic projects as part of the big picture.

LG has been reported last month to be working on a smartwatch of its own, but also on a Glass-like device. Today’s report also seems to corroborate with recent information emerging from an LG patent application covering a Glass-like head mounted computer.

As for the TV business, LG is already making television sets that integrate Google’s TV platform, and it now seems that the company is looking to bring Google TV to its new line of OLED TVs, including maybe those crazy curved OLED sets that LG has just started selling this week.

One thing is for sure – LG is an up and comer, so prepare to read a whole lot more about it in the next years.

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