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  • Past Musings
  • Who We Are
  • FPD & OLED Market Reports
  • Board Members
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  • Join Us
  • Contact OLED-A
  • Evaluation
  • BOE, Tianma, TCL Report Strong Profits In 2021_03/27/22
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LGE’s Home Appliance Business Profits Offset Losses in Mobile Phones and Displays 
February 02, 2020
 
LG Electronics' home appliance business contributed 122 billion won in operating profit for Q419, while its TV business secured 110 billion won, its lowest quarterly performance of 2019.  Its mobile business, lost 332 billion won for the quarter, despite restructuring efforts that reduced losses in the previous quarter. The company reported a net loss of 850 billion won for the quarter, due to equity accounted losses from LG Display which is reflected in the fiscal report. LG Electronics holds a 38% stake in the LG Display.
 

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