[LGU+ Conference Call] "Possibility of Marketing Overheating... Will Manage Closely"
[Asia Economy Reporter Kim Heung-soon] Lee Hyuk-joo, Chief Financial Officer (CFO) of LG Uplus, said during a conference call held after the announcement of the first quarter 2020 earnings on the 8th, regarding the prospect of increased public subsidies for the Galaxy S20 series and marketing competition, "As the novel coronavirus infection (COVID-19) somewhat subsides, the possibility of the market heating up is always open," adding, "We will closely monitor market trends to prevent overheating."
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