LG’s handset shipments declined by -17% annually in Q1 2016. Per our latest insight report, available here from the Wireless Device Strategies (WDS) Service the vendor shipped 17 million handsets in the quarter. While markets such as US and South Korea continue to be its strength, it is the large and high growth markets such as China and India that needs prioritization.

Geographic diversification to be key to its regrowth in the immediate future.