LG is elevating the competitors with mobile communique giants Apple and Samsung, as they announce two flagship smartphones this 12 months despite a small raise in profit of their cell division.
The South Korean tech enterprise will announce its extremely anticipated LG G5, successor to the buzz-necessary G4 launched remaining year, at cellular World Congress in Barcelona, Spain in February. It has additionally proven their plans for a 2d flagship machine later this yr.
No words yet, although, what this second device will entail. Tech fans are saying it could be a comply with-as much as the twin-screen touting V10. A subsequent-in-line for the curvaceous G Flex 2 may even be a possible candidate.
"The smartphone industry is expected to be more and more competitive in 2016 as a result of anticipated top rate models from competitors and further expense competition within the mass tier house," mentioned LG in a statement.
"The introduction of two new flagship models and a more charge-aggressive cost chain is anticipated to improve profitability in 2016."
remaining 12 months, LG launched two premium smartphones, the G4 and V10, which placed the brand identify within the limelight due to each and every mobilephone's advanced expertise features. despite the fact, based on its fourth-quarter and full-yr 2015 monetary report, this stream did not make a substantive enhance in earnings from the LG cellular Communications enterprise — the enterprise's department it really is concentrated on the mobile phone marketplace.
On record, there have been fifty nine.7 million smartphone shipments remaining 12 months, a mild raise from the 59.1 million shipped in 2014.
LG's first flagship of the 12 months, anticipated to be named "LG G5," is rumored to have an all-metallic design and a few attention-grabbing aspects, reminiscent of a dual rear digital camera and fingerprint sensor.
LG is not the first to flow into two-flagship marketing tactic. It has turn into a practice for any other handset makers, like Samsung with its Galaxy S and Galaxy word lineups.
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