When you think about technology, such as tablets and smart watches, the first two companies that come to mind are probably Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG). These tech giants have been at the top of the game for a long time, and there is no reason to believe this is going to change anytime soon (you may find this story interesting).
Does this mean the competition is going to roll over and die? Definitely not. There are many companies out there hoping to bite into the market share carved out by Apple and Google. LG is one such company.
According to a recent report by PocketDroid, LG has registered a variety of terms with the Korean Intellectual Property Office including GPad, G Link, G Band, G Watch, G Glass, and G Hub.
What does all this mean? It may mean nothing for the time being, but it definitely shows that the company may have plans to get involved in the smart watch and tablet markets on a deeper level. If this happens, Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG) will have another competitor to deal with.
Here is more from the article:
“According to KIPO (Korean Intellectual Property Office), LG Electronics filed for trademarks like GPad, G Watch, G Glass, G Link, G Band and G Hub, which is pretty obvious that LG is looking to enter the tablet market with the GPad, as well as the wearable gadget segment with its G Band, which could be an activity meter like the Nike+ FuelBand.
Looks like LG Electronics is hard at work on a smartwatch too, since there were a lot of rumours about Apple, Samsung and Sony developing smart wristwatches, why not them too, right? There is also the G Hub which could be something similar to Samsung Hub and G Link that will probably allow users to connect to smart TVs via LG smartphones and future tablets and there will be even glasses — G Glass.”
Is it possible that Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG) could be challenged by LG in the near future? If these trademarks are any indication, the answer could be yes.
At this point, all we can do is wait and see what LG comes up with. The company may dive into both the smart watch and tablet market, or just one. Either way, Apple Inc. (NASDAQ:AAPL) and Google Inc (NASDAQ:GOOG) will be taking notice.
Do you think LG is a true competitor? Share your thoughts on this company in the comment section below (and don’t forget to check out this story as well).