[LG Electronics Concall] "Expanding Entry-Level 5G Smartphone Lineup Next Year"

[Asia Economy Reporter Han Jinju] At the 2020 Q3 earnings conference call held on the 30th, Seo Dongmyung, Head of Planning and Management at LG Electronics' MC Business Division, stated the business operation strategy for next year: "Based on cost competitiveness through ODM, we plan to actively drive the expansion of sales in the affordable segment by expanding the 5G affordable lineup across mid-range and low-end price points, leveraging positive consumer responses to affordable products with improved competitiveness in design, multi-camera, and large screens. We aim to simultaneously improve profitability."