Credit Suisse: LG G6 to sell at least five million units next year

Credit Suisse: LG G6 to sell at least five million units next year
LG probably thought that it had a great way to challenge the Samsung Galaxy S7 this year. By making the LG G5 modular, the company was adding several features that the Galaxy S7 didn't have. But LG's modular system was more complex than the average Joe wanted to deal with, and comparisons with Motorola's Moto Mods revealed the simplicity of Motorola's system. As a result, the LG G5 failed to make much of a dent in the flagship market during 2016. Even the fact that it had a replaceable battery failed to take business away from Samsung.

Some might even argue that LG's true 2016 flagship phone was the LG V20. It was the first Android model to come out of the box with Android 7.0 pre-installed. Built to military grade specs in order withstand a drop, the LG V20 certainly has flagship written all over it. A Gorilla Glass 4 protected 5.7-inch display features a 1440 x 2560 resolution. The Snapdragon 820 SoC is under the hood, as the model features 4GB of RAM and 32GB/64GB of internal storage. A dual rear-camera setup (16MP plus 8MP) includes OIS, and there is a selfie snappin' 5MP front-facing camera. The phone has just been updated to Android 7.0.

So what does have LG have in mind for 2016? Expected to be introduced at MWC in Barcelona, which runs from February 27th to March 2nd, the LG G6 will be taking on the usual challengers like the Samsung Galaxy S8, and perhaps a new flagship from HTC. There is some talk that LG will give up on the modular design and focus on a premium handset with waterproof capabilities and a non-removable battery.

International bank Credit Suisse expects LG to sell at least 5 million LG G6 units next year. The device could add support for LG Pay and wireless charging. Mobile payment service LG Pay will use MST (Magnetic Secure Transmission) along with NFC. That means that not only will the service work on POS systems that use the latest technology, it also will work with retailers that use older equipment that simply swipes credit cards at check out. Like Samsung Pay, this will open LG's mobile payment service to 90% of retailers world wide.


via AndroidSoul

FEATURED VIDEO

16 Comments

1. rnagic

Posts: 215; Member since: Jul 13, 2014

G5 and V20 didn't sell because they were ugly.

2. phldlphn unregistered

Agreed, they were not attractive to buyers. There needs to be a balance between aesthetics and functionality. The V10 was unique in its design, at least how the back cover was styled. The V20 was just a regurgitated shell.

9. chenski

Posts: 738; Member since: Mar 22, 2015

Ugly but powerful

10. belosava

Posts: 127; Member since: Apr 14, 2014

Lg haters trolling

16. phldlphn unregistered

Apparently it's trolling to disagree with anyone's opinion.

3. lallolu

Posts: 729; Member since: Sep 18, 2012

I think the V20 is beautiful.

4. PHYCLOPSH

Posts: 636; Member since: Jun 28, 2014

Function wins over everything else. All phones look just as beautiful as the case you put them in.

6. SYSTEM_LORD

Posts: 1168; Member since: Oct 05, 2015

That's true, only once you own it. Before that, the beauty of the naked phone is what the stores try to sell to you. LG does need to make more visually appealing phones. The top sellers of high end phones all have beautiful phones. This is a fact. The high end is dominated by beautiful phones. Why? The high end by nature is dominated mainly by vanity buyers, and then by power users/high function uses secondly.

8. Tizo101

Posts: 515; Member since: Jun 05, 2015

what if you don't use cases?

11. PHYCLOPSH

Posts: 636; Member since: Jun 28, 2014

Then you use your insurance deductible instead.

5. basher

Posts: 99; Member since: Sep 20, 2015

So what does have LG have in mind for 2016? in 2016 I guess they already showed us what they had in their minds, hehe LG has a serious problem with the boot loop even on their latest former flagship, V20.

7. AndroidStuff

Posts: 47; Member since: Feb 24, 2014

So what does have LG have in mind for 2016? or 2017 ?

12. trojan_horse

Posts: 5868; Member since: May 06, 2016

I wish LG does sell the G6 well beyond the 5 million mark .

13. duartix

Posts: 311; Member since: Apr 01, 2014

So, Credit Suisse is predicting 5M sales for a phone that doesn't exist yet, with unknown specifications and that no one knows for sure when it's coming out? Oh, wait! It's just an investment bank making some predictions about the future. RUN FOR YOUR LIVES!!!

14. duartix

Posts: 311; Member since: Apr 01, 2014

no text.

15. duartix

Posts: 311; Member since: Apr 01, 2014

no text

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.