[LG Electronics Concall] "Expanding Entry-Level 5G Smartphone Lineup Next Year"
[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, stated the business operation strategy for next year: "Based on cost competitiveness through ODM, we plan to actively drive the expansion of sales in the affordable segment by expanding the 5G affordable lineup across mid-range and low-end price points, leveraging positive consumer responses to affordable products with improved competitiveness in design, multi-camera, and large screens. We aim to simultaneously improve profitability."
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
- [Breaking] Prime Minister Kim Minseok Issues Public Statement on Samsung Electronics Strike: "Welcoming Resumption of Negotiations... Effectively the Last Opportunity"
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
- Is It Really Like an Illness? "I Can't Wait to Go Again"—Over 1 Million Visited in Q1, Now 'Busanbyeong' Takes Hold [K-Holic]
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
