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LG Electronics Expects Quarterly Profit to Halve Amid Higher Logistics Costs
The South Korean consumer-electronics giant forecast a 53% drop in fourth-quarter operating profit, in a sign that its television and auto-component businesses remained sluggish.
LG Electronics reports preliminary financial results: 2024 revenue hits record high, Q4 profits fall short of expectations
LG Electronics (LG) has released its preliminary financial results for 2024, showcasing impressive annual revenue figures. However, the operating profit for the fourth quarter saw a significant year-over-year decline of 53.
LG Electronics achieves record revenue in 2024
LG Electronics reported a record-high annual revenue of 87.74 trillion won ($66.7 billion) for 2024, with an operating profit of 3.43 trillion won, the company said Wednesday.
8h
on MSN
CES 2025: LG smart appliances wrap-up
Visitors to the Home Appliances wing of LG Electronics’ vast CES 2025 exhibit will likely be drawn first to the most visually ...
13h
LG Electronics has playbook to handle Trump tariffs: CEO
Tech giant renews robotics vision for 'labor-free' home Korea Herald Correspondent LAS VEGAS -- As US President-elect Donald ...
12h
LG Electronics Unveils 2025 Business Strategy
LG Electronics' CEO, William Cho, along with key executives, presented the company's 2025 business strategy during a press conference ...
2d
LG presents transparent TV, adds AI chatbot to latest screens at CES 2025
LG Electronics is bringing what it calls the “world’s first” wireless transparent OLED TV to market. At CES 2025, the South ...
DPA International on MSN
1d
South Korea's LG Electronics records increase in revenue for 2024
The South Korean consumer electronics company LG Electronics on Wednesday reported a preliminary revenue of 87.74 trillion ...
19h
LG and Xbox team up to bring cloud gaming to Smart TVs
LG Electronics and Xbox have announced a partnership to enhance the cloud gaming experience on LG Smart TVs. Through this ...
Daijiworld
11h
LG Electronics eyes India's market potential with planned $1.3 billion IPO
LG Electronics’ CEO Cho Joo-wan has said that the huge business potential in the Indian market is what drove the company to pursue an initial public offering (IPO) in the country.
2d
LG partners with Microsoft, will.i.am for better AI in homes, cars, audio devices
South Korean home electronics company LG announced a strategic partnership with Microsoft during the LG World Premiere event ...
Hosted on MSN
9h
LG CEO: Time for action against Chinese rivals in electronics market
LG Electronics CEO Cho Joo-wan emphasized the urgency of responding to Chinese competition during a press briefing at CES ...
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