LG: “The Era of the Dedicated Handheld Gaming Platform is Over”

It’s hard to deny that the dedicated handheld market is facing fierce competition from the mobile phone market, with iOS and Android phones often boasting processing power that rivals handhelds. Sony and Nintendo still remain confident that there is money to be made in the market, but South Korean technology giant LG have proclaimed that “the era of [the] dedicated handheld gaming platform is over.”

The statement came from Dr. Jong-seok Park in a press release, he continued:

Today’s smartphones have the horsepower to compete with the best portable gaming devices and LG Optimus 3D is our proof.

We think 3D is the natural next step in portable entertainment and LG is eager to throw its hat in the ring with the Optimus 3D and Gameloft’s ‘must-be-seen-to-be-believed’ titles.

After this press release was given out, LG sent out a new one that omitted the initial statement.

Gameloft’s president Michel Guillemot added:

The most recent data shows iOS and Android devices capturing a growing part of the portable gaming market by revenue. With the next generation of smartphones offering 3D capabilities, the bar has been raised to a new height. On the Optimus 3D, we’re able to offer our most popular titles to an entirely new audience at very competitive price points.

The handset comes pre-installed with three of Gameloft’s 3D titles – Asphalt 6: Adrenaline, N.O.V.A. and Let’s Golf! 2.

While the glasses-free 3D aspect of the Optimus 3D makes the phone a viable competitor to the 3DS (although Nintendo’s first-party games are hard to rival), but do you think the phone can compete with the PlayStation Vita? Share your thoughts in the comments below.