[Concall] LG Electronics "TV Inventory Healthy... Efforts to Minimize Risk"
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[Asia Economy Reporter Kim Pyeonghwa] LG Electronics stated in a conference call held after announcing its third-quarter earnings on the 28th that regarding TV inventory, "Since the first quarter, we have been striving to minimize distribution inventory risks by adjusting shipment volumes, and as of the end of September, both distribution and in-house inventories have been maintained at healthy levels compared to the same period last year."
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They added, "Currently, the display industry is experiencing oversupply with decreasing shipment volumes, and shipment adjustments by display manufacturers are expected to continue to defend prices further. In this ongoing oversupply situation, we are working on measures to more precisely predict and optimize panel inventory levels."
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