LG V20 - Complete Tech Specs - First Thoughts

Sometimes I wonder if everybody except me is an idiot. For example, why does everybody keep comparing the new LG V20 to the LG G5?? It's a clear successor to the LG V10, by name, by design and by the company announcement, so why are you comparing it to something completely unrelated, morons?

Well, with that off my chest, let's talk about the new LG V20. The model was officially announced yesterday and the specs are as follows:

GENERAL
Release date September 2016
Form factor Touchscreen
Dimensions (mm) 159.70 x 78.10 x 7.60
Weight (g) 174.00
Battery capacity (mAh) 3200
Removable battery Yes
=============================================
DISPLAY
Screen size (inches) 5.70
Touchscreen Yes
Resolution 1440×2560 pixels
Pixels per inch (PPI) 513

=============================================
HARDWARE
Processor 1.6GHz  quad-core
Processor make Qualcomm MSM8996 Snapdragon 820
RAM 4GB
Internal storage 32GB
Expandable storage Yes
Expandable storage type microSD
Expandable storage up to (GB) 256
=============================================
CAMERA
Rear camera 16-megapixel
Flash Yes
Front camera 5-megapixel
SOFTWARE
Operating System Android 7.0
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CONNECTIONS
Wi-Fi Yes
Wi-Fi standards - 802.11 a/ b/ g/ n/ ac
GPS Yes
Bluetooth Yes, v 4.20
NFC Yes
Infrared Yes
USB OTG Yes
Headphones 3.5mm
FM No
GSM/ CDMA GSM
3G Yes
4G/ LTE Yes
Supports 4G in India (Band 40) Yes
=============================================
SENSORS
Compass/ Magnetometer
Proximity sensor
Accelerometer
Gyroscope

As an upgrade, it's quite good. It's not a mind-blowing upgrade but as I mentioned to my brother only 3 days ago, what can they really upgrade in a phone that already has everything. And he mentioned these 3 things, RAM, Processor, Display.
LG has done just that and a little bit better.

The three things I wanted them to keep were:
The second display (it's more useful and less obtrusive than an Edge display)
The removable battery
The microSD card slot

I would not buy a phone without the last 2 things.

LG kept them all. Good job.

The three things I wanted them to improve were:
Display (I wanted 4K screen just like every other geek)
Battery (that's one weak part in the LG V10, but thanks to the removable battery, I can carry spares and be covered)
OS (Android moves leaps and bounds with each version and we always want the latest one)

LG gave me the 4K display but only improved the battery from 3000 to 3200mAh. On Android they did great, we get 7.0 right out of the box.

They have also added a wide-angle back camera and removed the front wide angle camera. I preferred it the way it was but it's not a deal breaker.

So, all in all, it might not be a radical upgrade, it's still worth it for me. I am one of those people who like to upgrade their gadgets at every opportunity and I have been looking for one but not finding any worthwhile contenders. I am very picky, I would not go for a screen .1 inch smaller, I would not touch a phone with a fixed battery, I would not spend money on a phone with no expandable storage..etc. etc.

That made me wait for LG's offering in the series and given that it's a nice upgrade even if not a spectacular upgrade, it's worth buying for me.

What about you?

Satisfaction Cost

“How much?”

“Combien?” (French)

“Cuánto” (Spanish)

“Quanto” (Italian)

“いくらですか” (ikura desu ka?) (Japanese)

No matter which language you use this is one expression that is universally important!

How to ask the price of something is an essential phrase whether you are out visiting the market or “agora” in Greek or shopping in the neighbourhood market for melons.

The significance of this question is twofold - to find out if you can afford it and to judge whether it’s worth that price. The order of these considerations changes based on various factors.

And then there’s the whole economics of price vs. supply vs. demand. There are already many books written on this topic so I won’t go into that. However, I do want to discuss the price vs. perception of quality phenomenon.

In Hindi we have a saying, “Mehnga roye ek baar, sasta roye baar baar” meaning the one who buys expensive cries once (for having to pay a high price) but the one who buys cheap cries again and again (when the thing breaks down or lets him down).

Generally, that’s the idea, something that’s more expensive is better in quality. This was based on certain factors that were true in the industrial age. The price of the item depended on the materials used, the workmanship, the machines and other manufacturer-oriented factors.

And then entered advertising into the field. If you could make the consumer want the item, the actual quality of the item could be made secondary. Readers of my blog, and my friends (and strangers) know that I don’t like iPhones and I have commented more than once that they would be alright if they were priced at about £100-£200. It’s advertising and clever marketing that allows Apple to sell them at the exorbitant price that they don’t deserve.

So, what is the real driver for the cost here? It’s Satisfaction. Companies are able to set the prices of their products based on how much a given product will satisfy the customer. You would be more satisfied carrying the likes of Samsung, LG or Sony mobile in your pocket than some unknown brand that originated in a nameless factory in a far east Asian country. The factory maybe situated down the road from the Samsung factory but the product would not give you the same pride, same assurance, same Satisfaction if you will...

Given that it’s not simple enough in these times to compare two products and judge their intrinsic quality from holding them in your hands like you could compare two earthen pitchers, it becomes necessary to take things at face value or Brand Value.

This phenomenon causes the disconnect between cost and price. Companies no longer set the prices  of items based on their cost price and overhead but based on Satisfaction Cost, what the consumer can be made to pay for that item.

[Credit to my brother Anil Goswami, for the term: Satisfaction Cost]