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LG Electronics will launch their 5G phone this week

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LG Electronics will launch their 5G phone this week

LG Electronics will launch its first phone supporting fifth generation (5G) technology, LG’s V50 ThinQ 5G in the domestic market on Friday.

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The technology giant initially planned to launch the phone on April 19 but postponed the plan to ensure the performance of the new product in next-generation networks.

The launch of LG‘s 5G phone will give consumers more choice, as the Samsung Galaxy S10 5G, which was released on April 5, has been the only phone that supports 5G networks so far.

With the launch of the new phone, LG Electronics intends to increase the performance of their phone unit, which has recorded operating losses for 16 consecutive quarters up to the first quarter of this year.

Unveiled at the Barcelona World Congress in February 2019, the phone has a more stable platform and offers rich multimedia features, according to the company.

“We will provide bigger users with the benefits that they can experience the V50ThinQ 5G’s excellent performance,” said Oh Seong-jin, who is responsible for telephone marketing at LG Electronics.

The new product costs 1.2 million won in the domestic market, which is about 900 euros.

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neOadviser – TECH

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