[Concall] LG Electronics "VS Division aims for profit turnaround in second half... expects sales growth next year" View original image


[Asia Economy Reporter Jeong Hyunjin] On the 29th, during the Q2 earnings conference call, LG Electronics stated regarding the performance of the Vehicle Components (VS) division, "In the second half of the year, we aim to return to profitability due to additional sales growth from the easing of semiconductor supply issues and internal cost reduction effects." They added, "Looking ahead to next year, considering the currently secured order backlog and expected cost improvements, we anticipate continued sales growth and changes in profitability structure."



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