LG changing strategy in a bid to turn smartphone fortunes around, will release new models "when it is needed"

Yesterday, we reported on LG’s apparent plans of delaying the announcement of its G7 flagship model to mid-March. Today, the Korean company revealed its intentions of changing its entire smartphone strategy in order to try and bring its mobile division back to profitability. 
Jo Seong-Jin, CEO of LG Electronics, disclosed some interesting information when speaking to Korean media at CES 2018. When asked for a potential ETA of the announcement of the G7, the chairman said that LG will unveil future handsets “when it is needed” and won’t necessarily do announcements …


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