LG may continue to see robust smartphone sales, but it’s also feeling the pressure from rivals in the highly congested mobile market. However, it has a plan for 2016.
The South Korean firm noted in its recent financials that it will introduce two new flagship models this year to fend off the competition.
“The smartphone marketplace is expected to be increasingly competitive in 2016 due to anticipated premium models from competitors and further price competition within the mass tier space,” said the company.
