LG’s key metrics, including its volumes and financials continued the double digit decline, in Q2 2019.  Detailed analysis of LG’s handset business in the quarter, is available here, from our Wireless Smartphone Strategy (WSS) Service.

Both its flagships LG G8 ThinQ and V50 ThinQ 5G have been unable to stem the steady erosion of volume and value. Is a recovery possible now for LG? What can be done? We analyse in this report, the multitude of steps taken by LG and provide our recommendations.