[Edaily Reporter JAEMIN SONG ] “In the first half of this year, our overseas market share showed a significant improvement compared to that of Chinese companies. In particular, our competitive advantage over Chinese companies has strengthened, especially in North America, and the expansion of our market share in major U.S. distribution channels has had a positive impact. We believe that restructuring and business reorganization by traditional competitors—driven by poor performance and deteriorating profitability—are also creating new business opportunities and contributing to the strengthening of our market position. However, we also anticipate that competition will become even more intense as the competitive landscape evolves—including increased collaboration among global companies, including Chinese firms, in the U.S. market, and the growing influence of Chinese distributors in the European market. We plan to continue improving our competitive position by simultaneously raising barriers to entry in the premium market and securing market share in the entry-level segment, while responding agilely to market demand.”

…LGELECTRONICS Q3 2026 Conference Call