22 May 2019
LG Electronics has been facing a tough year, and seen a slide of 12% in revenue in the first Quarter of 2019 as compared to Q4 of 2018. This is the company’s fifteenth consecutive quarterly loss. However, the Korean firm has stated that it is backing on the next-gen 5G devices like the upcoming LG V50 ThinQ to make a comeback. The smartphone maker had delayed the launch of the V50 ThinQ’s from April 19 to May.
The company has stated that it wants to “concentrate on the completeness of 5G” before launching its new flagship phone. According to reports, LG has concluded plans to roll out the 5G compatible device beginning from May 10.
The smartphone maker had delayed the launch of its 5G phone, to avoid a similar situation like Samsung’s 5G compatible Galaxy S10 5G which is facing a number of complaints due to poor 5G connectivity and an inability to switch to 4G LTE.
LG mobile is reportedly partnering with three Korean carriers for the LG V50 5G, the company will be selling the device starting at 1,199,000 won ($1,027 USD). The LG V50 ThinQ 5G comes with a dual Screen attachment which has a secondary display. The two screens can run different apps, and they can also use a multi-window to divide each screen in two. Users will also be able to use one screen as a controller for games. This is LG’s competitor to the likes of Huawei and Samsung’s foldable devices for now.