LG G5 Sales Start off Strong in Korea

The LG G5 has come to Korea and it’s coming on strong. While the LG G5 makes its debut in the US and other regions today, it was released in its home market of South Korea a day early and apparently, off to a very good start. According to The Korea Herald industry sources have indicated an estimated 15,000 units sold on its first day, 3 times the number of units sold by its predecessor, the G4 unit. Other sources say that this figure could have been greater if the country’s second-largest mobile carrier had not suffered from a network outage on Thursday. It’s reported that the said outage may have delayed between 1,000 to 2,000 additional sales.

Industry analysts expect the combined global sales of the LG G5 to reach 10 million units, and sources have indicated that LG is already increasing production to meet the rising demand. If these initial sales figures are any indication of the phone’s performance for the rest of the year, then this may just be the year LG’s mobile arm gets a much needed boost in profitability.

The LG G5 is priced slightly higher than its predecessor, but its price still stands equal to that of Samsung’s Galaxy S7. Touted as the industry’s first “modular type” smartphone, it boasts blazing-fast internal hardware and an array of LG Friends accessories, including a VR headset, a 360-degree camera and an add-on battery that also functions as a camera grip. 

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