Thursday, February 28, 2013

Zombie OS Invades Mobile World Congress

Amid the phablets and carrier complaints, LG Display (NYSE: LPL  ) surprised the crowd at this week's Mobile World Congress when it disclosed its purchase of the open-source webOS for building a smart TV platform. Hewlett-Packard (NYSE: HPQ  ) acquired webOS when it paid $1.2 billion for Palm in 2010, only to give away the OS as an open-source project two years later.

Is LG's acquisition of webOS a serious threat to incumbents Apple and Google? The Motley Fool's Alison Southwick asks Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova for his perspective in the video below. Please watch, and then leave a comment to let us know what you think.

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