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Who Benefits from an LG Smartphone Exit?



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Report Summary:

Today, on 05 April 2021, LG Electronics officially announced that it is closing its mobile business unit. The decision was approved by its board of directors earlier today. The wind down of the mobile phone business is expected to be completed by July 31, 2021 although inventory of some existing models may still be available after that.

Strategy Analytics is analyzing which OEM's are expected to benefit from an LG's smartphone exit.

Table of Contents

1. Rumors around an LG exit
2. Facts around an LG exit
3. Analysis
   - View from Shipment Perspective
   - View from ASP and Price-tier Perspectives
   - LG's Market Presence
   - Which OEM's will Benefit from an LG smartphone exit?
   - Distributional Perspectives
   - View from Global 5G Smartphone Shipments
4. Conclusions & Recommendations

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