USA Biweekly Report - LG’s Q1 Market Performance and Post-exit 2021 Expectations
Overview:
This report provides insights into LG’s Q1 2021 performance and gives an outlook on OEM competition after LG’s exit. Q1 2021 a double-digit decline in sell-through for the OEM, with its sell-in beginning to taper off as it winds down business. The South Korean brand had an 11% market share in 2020. This leaves a sizeable vacuum for other OEMs to capitalize on, particularly in the prepaid and national retail channels.
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Maurice Klaehne
Maurice Klaehne is a Senior Analyst with Counterpoint Technology Market Research, based out of Boston, USA. He has spent more than five years working as a market researcher and strategy consultant heavily focused on emerging markets and uncovering new growth opportunities for his clients which include business service, CPG, healthcare, and life science companies. Maurice holds a Master's in International Development and Management from Sweden's Lund University, and an undergraduate degree in Political Science and International Development from Canada's McGill University. He is a native German speaker and also speaks fluent French.
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