LG must have been eager to take advantage of the 5G revolution in its native South Korea by launching its V50 ThinQ, 1 of only 2 smartphones that would have been able to use the new wireless data standards in the country. However, the same technology has become beset by adversity. Some users with the 'other 5G phone', the Samsung Galaxy S10 5G, have complained that they cannot switch seamlessly between 4G and 5G, as they may have expected from using older devices.
It is possible that this, or related issues, caused LG to regretfully announce that it needed to postpone the V50 ThinQ's release in its home country. The OEM did not clarify its actual reasons for this move; however, its statement on the subject gave the impression that the phone and the new radios weren't playing nicely together. LG was clearly not here for the risks that any specifics behind this possibility went public due to a rushed launch.
However, it appears now that the OEM's 5G problems have been wiped out. Business Korea has reported that it has a new release date for the V50 ThinQ: May 10. This device will be released through the 3 carriers that provide 5G in South Korea (SK Telecom, LG+ and KT) as originally planned.
Business Korea has also stated that the LG V50 ThinQ will cost 1,199,000 won (or US$1,035) at this event, in order to compete effectively with the Galaxy S10 5G.