[Concall] LG Electronics "European TV Market Expected to Grow 5% in Q4"
[Asia Economy Reporter Kim Pyeonghwa] LG Electronics stated during the conference call held after the Q3 earnings announcement on the 28th, "We believe the European TV market has contracted by about 7% in volume terms until August due to macroeconomic issues such as the Russia-Ukraine geopolitical risks, euro depreciation, and inflation,” adding, “As we enter the peak season, we are establishing aggressive sales plans by distribution channel and expect volume to grow by about 5% in Q4, preparing logistics accordingly.
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