LG posted its record revenue $55.4 billion last year. The company reportedly has a big loss in the last quarter of 2017, which is roughly around $192 million. Now, reports surfaced that LG may decide to exit the Chinese smartphones market.
In the press release, it was highlighted that one of the main reasons for this is the strong competition from Chinese brands.
Also, as mentioned before, rumors have it that the company will launch the LG G7 at the MWC 2018. However, LG CEO Jo Seong-jin said at Consumer Electronics Show (CES) 2018 that the company won’t be releasing smartphones just because its competitors are doing so. Another report that the launch of the G7 may be moved to March or April.
The Korean smartphone manufacturer will be releasing three new color variants for their smartphones. LG Has announced a Raspberry Rose, Moroccan Blue, Lavender Violet color variants for the LG G6, while the LG Q6 adds Moroccan Blue and Lavender Violet to its color options.
Both the LG G6 and Q6 features LG’s FullVision 18:9 display although with different sizes and resolutions. They also differ in internals and pricing. According to LG, the new color variants will be first available in Korea next month and will eventually be available in other markets globally after that.
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