LGs new smartphone to come out in September
Posted on: 02/Aug/2016 2:55:47 PM
LG Electronics has said that it plans to start selling a new premium smartphone from September, hoping the device will help its struggling mobile business recover from disappointing sales. The South Korean company made the announcement on Monday.
According to the company, its V20 device, successor to the V10 that went on sale in October last year, will be the first product to run on Google`s latest version of its Android mobile operating system called Nougat at launch. However, more details on the V20 were not disclosed. At the moment, LG has two main premium phone series and its G5 phone, launched in March, has had weaker-than-expected sales following initial production difficulties. As a result, the South Korean firm`s mobile business reported its fifth straight quarter of operating loss for April-June.
Last week, LG has said that the launch of new products, including a successor to the V10, will help its performance improve in the third quarter. Incidentally, Samsung Electronics Co Ltd will unveil its next Galaxy Note smartphone on Wednesday, while Apple Inc is expected to launch new iPhones in September.
