[Concall] LG Electronics "Securing Next-Generation Headlamp Orders in Europe Through Synergy with ZKW"

[Asia Economy Reporter Hyunjin Jeong] On the 29th, during the Q2 earnings conference call, LG Electronics discussed the synergy with ZKW, a premium automotive headlamp manufacturer acquired in 2018. They stated, "We expect synergy between ZKW's headlamp technology and LG Electronics' competitiveness in the automotive components sector." They added, "As a result, we recently secured orders for next-generation headlamps for European clients, achieving visible outcomes." Furthermore, they noted, "The connection and relevance between the headlamp sector and automotive components have recently increased," and added, "Although the market has been temporarily affected by COVID-19, we expect visible results once external uncertainties are resolved."

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