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Q1’19: LG: Shipments, Revenues at their Lowest

by Rajeev Nair | May 03, 2019

LG’s shipments and revenues declined sharply and hit rock bottom, in Q1 2019. In our latest insight report, available here, from the Wireless Smartphone Strategy (WSS) Service, we analyse the reasons for the decline and the way forward for this vendor.

Can LG make a comeback and how?  Its losses have been steadily mounting, as its core markets too are being taken over by a well-entrenched competition. Can it reverse this in the upcoming 5G era?

Will its new flagships G8 ThinQ and V50 make an impact? What are its short term and long term strategies?

                                      LG flagships

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