The smartphone release was first announced in early September. However, recently official release date announcements have arisen, suggesting that those waiting for the LG Display Co Ltd. (ADR)(NYSE:LPL) V20 smartphone, may not have to wait for that much longer.
LG V20 pic.twitter.com/EmmZN21ENM
— Evan Blass (@evleaks) August 24, 2016
It was first announced by T-Mobile that the LG V20 would be on the shelves by October 28. However, surprisingly they have not released what the retail value of this device will be. They have mentioned that upon purchase, a free $150 valued B&O H3 Earbuds will be given as an additional bonus.
It has also been reported that AT&T would be commercializing the product on their shelves, they have not, however, as of yet, announced the date of release. They have stated that their pricing will be between $27.64 per month for 30 months, or $34.59 per month for 24 months.
Pricing of the LG V20 Smartphone
One of the main limitations that LG V20 faces as a smartphone in a competitive marketing, is the outstandingly high retail value, that the product is sold for. Which is $830 total?
This sets the bar for competition rather high, due to larger competitors such as the Alphabet Inc. (NASDAQ:GOOGL) Samsung Galaxy S7 Edge going for a retail price of $879, as well as the Apple Inc. (NASDAQ:AAPL) iPhone 7.
Features that the LG V20 comes equipped with
The primary focus of the LG V20 was intended to be directed towards people with a more entertainment phone desire. Although the LG V20, is equipped with Snapdragon 820, and a total of 4 GB ram. This is not where the fun starts.
This smartphone is the first phone equipped with a quad DAC model, meaning that it is capable of removing over 50% of ambient noise in any recording. Furthermore, the LG V20 will be the first smartphone device to come out with android’s latest software; Nougat.
Mobile writer analyst Andy Boxell commented on the V20 ‘whether it is taking sexy selfies or scenic landscapes, the LG V20 is the camera phone for the job.’
LG Electronics Co Ltd. (ADR)(NYSE:LPL) 48,400 KRW 200,00 (-0.41%)
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