[Concall] Samsung Electronics "Home Appliance Performance Turnaround Possible Next Year"
On the 31st, following the Q3 earnings announcement, Samsung Electronics stated in a conference call, "We are driving sales improvement centered on premium products while depleting the COVID-related component inventory that had been a burden on management, and enhancing competitiveness through contracts with competitive shipping companies and logistics providers." They added, "Through ongoing efforts since this year, such as model efficiency optimization, component standardization and sharing, and SCM (Supply Chain Management) improvements, we expect a turnaround in home appliance performance in 2024."
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