LG is going to release more variants of G and V smartphones

LG plans to release more variants of its G and V series smartphones. The Korean company wants to ensure that the models remain on the market longer and do not receive a successor at fixed times in the year.

LG considers it important to offer a ‘good platform’ for a long time. In addition, the company’s vice chairman, Cho Sung-jin, cites concerns about lithium supply as the reason. In time, a shortage of lithium could cause production problems for lithium-ion batteries. LG’s performance in the mobile market could play a role in the background, the Korea Herald suggests. LG’s mobile division suffered its eleventh consecutive quarterly loss at the end of last year.

For the past three years, LG announced a top model in the G series at the beginning of the year, followed by a high-end smartphone in the V series in the fall. LG wants to get rid of this fixed schedule, according to statements by Cho Sung-jin during the CES. “We unveil new smartphones when necessary, but we don’t release them just because competitors do,” he said, according to the Korea Herald. He said this in response to the question when LG will announce the G7.