[Concall] LG Electronics "Expecting Pent-up Demand Reduction Next Year... Scenario Strategy Under Development" View original image


[Asia Economy Reporter Jeong Hyunjin] On the 29th, LG Electronics stated in its Q2 earnings conference call that regarding the TV market outlook for next year, "Pent-up demand is expected to partially decrease, and competitors' supply is expected to stabilize, leading to fierce competition in advanced markets such as Europe and the United States," and added that the sales growth rate is expected to be lower than this year's level. They also added, "We are establishing scenario strategies to maintain or expand the market share secured this year."



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