[Concall] LG Electronics "Efforts Underway to Restore Profitability and Improve Structure Through Sales Expansion"

[Asia Economy Reporter Han Jinju] At the 2020 Q2 earnings conference call held on the 30th, Seo Dongmyeong, Head of Planning and Management at LG Electronics' MC Business Division, stated, "We are continuously implementing structural improvement efforts such as expanding ODM production and streamlining the development process to strengthen business competitiveness and improve profitability. Some improvements in the profit structure are already visible." He added, "We plan to pursue profitability recovery through sales expansion and are working on structural improvements through business turnaround, so please watch from a long-term perspective."

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