LG is Back in Business With The G6

LG has struggled in the Smartphone market ever since its spot among the top-ranked Android OEMs was stolen by the up and coming Chinese manufacturers like Huawei, Lenovo, and Oppo. With the launch of the new G6 flagship, the company might be turning up a new leaf.

Failed Attempts

While its flagships have been getting generally stellar reviews for long, they were either held back in either the hardware department (G3 and G4) or in terms of gaining traction once it went out of its way (G5). Sure, on the G6 the software is still a bit clunky and design a bit vulnerable, but overall the phone is one of the more solid options available right now.

The pre-orders of the phone have helped the company shrink its long-held string of losses in the smartphone division down to $176,000 only. For reference, last quarter it lost $1 billion. The division showed an all-around improvement with shipments of 14.8 million units, up 10 percent compared to Q1 of 2016.

Positive Outlook

For the future, the company expects to have continued price-based competition in the mid-to-low end category, while the G6 will gain enough momentum to bring the division towards profitability.

Elsewhere, the company’s Home Appliance and Air Solutions, as well as the Home Entertainment division recorded the best ever figures in history, with a profit of $4.02 billion and $3.75 billion, respectively.

The vehicle components division also had a good quarter, where it recorded profit of $759.2 million, marking a sizable 48 percent increase in sales.

Overall, the company recorded a revenue growth of 2% compared to $12.7 billion compared with last year, while the operating profit reached nearly $800 million. Future margins could be affected by continued investments in R&D, though.

      • New models don’t have bootloop issue. They occurred upto G4s and some G5s. A minority also included V10s.

          • No, it is plagued with bootloop issue. There are a very few variants of G3 still in the market from an year ago which have no bootloop issue. But you would have to be extremely lucky to get it.

        • G4 , G5, V10, phir bacha he kya Ninja bhai, ye bootloop LG ki pedaishi beemari hai, LG ko Polio ho gaya hai aage G6 mein b bootloop issue saamne aa jaye ga thora wait kar len ?

          • G3 mein bht hi zyada tha. G4 m ksi hd tk. G5 me thora sa. G6 mein SHAED na ho :P But I think it will resolve in the upcoming models more or less. It must resolve though, because their sets are good apart from this bloody nuisance.

            • Agar iss problem pe qaabu pa len to acha hoga, mein G6 k liye soch raha tha par lg ka track record dekh k himmat nhn hui ?

              • Bakwas tareen phone hain lg ke mein ne 2017 jan me mobile liya g4 aur max 4 month chala aur boot loop iska koi solution bhi ni hai bs yeh problem a gayi to gya mobile waisy bhi mery bhai ne g5 liya hai an kareeb woh bhi jaye gA :D MERA TO 23000 DOOB GYA

                • Mein ap k dukh mein barabar ka shareek hun mere bhi 30k doob chuke hain Nexus 5X ki shakal mein ab us se mein paperweight ka kaam le raha hun ?

  • اس خبر کا ہمارے ملک سے کوئی تعلق نہیں۔ ایل جی اپنے موبائل فون کئی سالوں سے ہمارے ہاں خود فروخت نہیں کر رہی۔

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