[Concall] LG Electronics "Production Disruptions in Europe, South America, and Asia Due to COVID-19"

[Asia Economy Reporter Ki-min Lee] LG Electronics stated during the conference call held after the announcement of the first quarter earnings on the 29th, “Due to the novel coronavirus infection (COVID-19), some production subsidiaries located in Europe, South America, and Asia are unable to produce for a certain period in accordance with local government orders,” adding, “We are continuously negotiating with local governments to minimize product supply disruptions caused by production stoppages and are working on measures to resolve the issues.” They continued, “We expect normal operations to resume soon,” and noted, “We are monitoring the COVID-19 situation on a daily basis and have established a system to proactively respond in case any problems arise.”

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