LG is headed to MWC 2019 with two smartphones to show: the LG G8 ThinQ and the LG V50 ThinQ 5G.

The company is putting its mobile division on the line after years of losses and stagnancy in market positioning and that 5G phone, a Sprint exclusive in the US to start, may help it move units.

The chaebol also considered launching a foldable phone at the same time as well. But according to The Korea Times, the company has decided against releasing it at this stage citing low demand.

“The market demand for smartphones is expected to be at around 1 million, but LG’s main issue in smartphone business is to regain its market position,” said Kwon Bong-seok, chief of LG’s mobile communications division.

“Considering this situation, it is too early for LG to launch a foldable smartphone. In terms of technology, we are fully ready to respond depending on consumers’ reactions (to foldable smartphones).”

That leaves Samsung and several Chinese OEMs free to battle it out in this fresh, untapped, high-priced and niche market.

You May Also Like
Samsung planning August 5 online launch for Galaxy Note 20 series, Galaxy Fold 2: Reports
Samsung is also gearing up to unveil the Galaxy Tab S7 and S7+ tablets, alongside the Galaxy Z Flip 5G and Galaxy Watch 2 at its next mega launch event.
OnePlus 8 Pro review
OnePlus 8 Pro review: 2 months later, good updates? (video)
It’s not the perfect phone, but hey, no phone is. Check out our OnePlus 8 Pro review, 2 months later, to find out what changed.
Lava Red OnePlus 5T
OnePlus 5, 5T reportedly start receiving stable Android 10 update
The full changelog is not available yet.