SEOUL: LG Electronics Inc unveiled a premium smartphone on Wednesday that the South Korean firm hopes will help revive its money-losing mobile business, a major revenue contributor and key customer for components suppliers in the LG group.
LG announced its V20 just hours before rival Apple Inc is due to launch its latest iPhone. The V20 also comes about five months after LG launched its flagship G5, which fell short of expectations due to production problems and competition from Samsung Electronics Co Ltd's Galaxy S7 phones.