[LG Electronics Concall] "4Q Smartphone Demand to Recover to Last Year's Level"
[Asia Economy Reporter Han Jinju] At the 2020 Q3 earnings conference call held on the 30th, Seo Dongmyung, Head of Planning and Management at LG Electronics' MC Business Division, said about the Q4 outlook, "With competitors launching 5G smartphones, the 5G market is expected to grow significantly," adding, "Market demand is expected to increase compared to the previous quarter and recover to the same level as the same period last year."
Hot Picks Today
There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- Will the National Pension Service Increase Its Domestic Stock Proportion? Five-Year Asset Allocation Plan to Be Finalized on May 28
- Cerebras Soars 70% on IPO Debut: Is Nvidia's Reign Ending as a New AI Semiconductor Power Emerges?
- "After Vowing to Become No. 1 Globally, Sudden Policy Brake Puts Companies’ Massive Investments at Risk"
- Japanese Teacher Dismissed for Obscene Acts Involving Third-Grade Girl's Water Bottle
Seo also stated, "With the launch of the LG Wing, we will expand sales through an affordable product lineup focused on key target markets such as North America and Latin America, and pursue profit improvement through continuous operational efficiency."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
