[Concall] LG Electronics: "No Impact from Prolonged Strikes at US Automakers"
On the 27th, during the conference call following the Q3 earnings announcement, LG Electronics addressed concerns about the prolonged strike by U.S. automakers, stating, "Based on our supplying factories, no decrease in orders has been detected from GM, Ford, or Stellantis due to the North American auto workers' union strike, and we currently judge that there will be no significant impact on our business so far."
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On the 7th, LG Twin Tower in Yeouido, Seoul, ahead of LG Electronics' preliminary announcement of its fourth-quarter management performance for last year. According to the securities industry, LG Electronics is expected to record sales in the 20 trillion won range and operating profit in the 800 billion won range in the fourth quarter, driven by strong sales of home appliances and TVs. Photo by Kang Jin-hyung aymsdream@
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