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Q2’20: LG’s Handset Revenues, Profitability Dip

by Rajeev Nair | Aug 03, 2020

LG’s revenues declined by -18% annually as handset volumes dipped by -15%, in Q2 2020. It continues to incur losses from the mobile division. Detailed analysis is available here, from the Wireless Smartphone Strategy (WSS) Service.

How has its business changed under the new management? What were the other handset business highlights, of this quarter? How did LG Velvet, its new flagship fare? Where it stands in the upcoming 5G segment? What are LG’s short term and long term options?]

                    LG rollable

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