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Q1’20: LG: Smartphone Losses Continue

by Rajeev Nair | 5月 05, 2020

LG’s smartphone volumes and revenues declined in double digits, in Q1 2020. The quarter failed to reverse the loss making trend and its ASP’s hit the lowest in recent quarters. Our detailed analysis on LG’s mobile business performance along with recommendations is available here, from the Wireless Smartphone Strategy (WSS) Service.

The insight addresses the troubles of LG in the smartphone business from multiple angles. It also provides for multiple recommendations on how the vendor can get this business unit back on track.

                         LG velvet 2

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