[Concall] LG Electronics "Will Grow by Increasing Sales of High-Value Electric Vehicle-Based Products Next Year"
On the 27th, during the conference call following the Q3 earnings announcement, LG Electronics stated, "Next year, we will target premium and volume zone home appliances, where demand remains relatively strong, in line with the trend of consumer polarization." They added, "We will expand sales centered on OLED TVs and strive to recover TV (sales) through platform expansion and other efforts." They further mentioned, "We plan to drive company-wide sales growth next year by expanding sales of high value-added products based on electric vehicles."
Hot Picks Today
As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- Man in His 30s Dies After Assaulting Father and Falling from Yongin Apartment
- Samsung Union Member Sparks Controversy With Telegram Post: "Let's Push KOSPI Down to 5,000"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
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 Jinhyung Kang aymsdream@
View original image© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
