[Concall] LG Electronics "LG Magna Long-term Goals Achievable... Profitability Improvement Expected"

[Asia Economy Reporter Lee Hyeyoung] LG Electronics stated during the conference call held after the earnings announcement on the 27th that "We are actively making efforts to collaborate across the entire value chain with LG Magna JV (joint venture), and results are emerging in manufacturing competitiveness and new client acquisition."

They added, "In addition to existing North American clients, we have secured new clients in Europe and Asia, expanding our customer portfolio, and we expect rapid improvements in achieving mid-to-long-term sales targets and profitability."

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