[Concall] LG Electronics "This Year's Investment Progressing Similar to Early-Year Plan"
[Asia Economy Reporter Kim Pyeonghwa] LG Electronics stated during the conference call held after the Q3 earnings announcement on the 28th that the capital expenditure (CAPEX) plan for this year "will proceed at a level similar to the beginning of the year." They added, "We will strengthen investments in advancing business portfolios and discovering new businesses, while minimizing unnecessary investments and improving investment efficiency to respond to the economic downturn and demand slowdown."
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