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Financials Improve for LG in Q1’17 as G6 Launches

by Rajeev Nair | May 01, 2017

LG’s handset business returned to profitability, even as volumes decline by –2% in Q1 2017 quarter. In our latest analysis available here from the Emerging Device Strategy (EDS) Service, the vendor has a lot dependent on the success of LG G6 in 2017.

The vendor’s restructuring of its handset business too have started to bear the desired results. Diversification of markets and innovative offerings would be the two key pillars for sustained growth for LG in the near future.

                    LG G6 new

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