Business·Industry

“Received Full Refund of U.S. Tariffs… One-Time Gain/Loss of 300 Billion Won in 2Q”—LGELECTRONICS Conference Call

JAEMIN SONG
2026-07-30 17:32:02
[Edaily Reporter JAEMIN SONG ] “Regarding the existing tariffs ruled unlawful by the U.S. Supreme Court, we proceeded with the refund process for previously paid tariffs in accordance with U.S. government guidelines. The refund process was completed smoothly, and we received the full amount in the second quarter. The total impact of one-time gains and losses in the second quarter—calculated by subtracting one-time expenses from one-time gains such as tariff refunds—is approximately 300 billion won.”

…LGELECTRONICS’ Q2 2026 Conference Call

LGELECTRONICS Twin Towers, the company’s headquarters in Yeouido, Yeongdeungpo-gu, Seoul. (Photo: Yonhap News)

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