Business·Industry

“TV Business Expected to Post a Significant Annual Profit This Year”—LGELECTRONICS Conference Call

JAEMIN SONG
2026-07-30 17:38:21
[Edaily Reporter JAEMIN SONG ] “The MS Business Division saw improved performance in the first half of the year, driven by an expansion in the share of premium products, improved pricing strategies, and a recovery in overseas operations, particularly in the Americas. Combined with cost reductions and fixed-cost management, the division recorded a mid-single-digit operating profit margin for the first half. Although rising prices of raw materials, such as memory chips, are expected to pose a burden in the second half, we will minimize the impact through strategic inventory management, product specification optimization, and cost efficiency measures. Based on this, we forecast a significant year-over-year improvement in earnings and a meaningful profit for the full year.”

…LGELECTRONICS Q2 2026 Conference Call

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

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