LG Electronics Inc Q3 2019 Earnings Call Transcript - Thomson StreetEvents

LG Electronics Inc Q3 2019 Earnings Call Transcript

LG Electronics Inc Q3 2019 Earnings Call Transcript - Thomson StreetEvents
LG Electronics Inc Q3 2019 Earnings Call Transcript
Published Oct 31, 2019
4 pages (1758 words) — Published Oct 31, 2019
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Transcript of 066570.KS earnings conference call or presentation 31-Oct-19 12:00am GMT

  
Brief Excerpt:

...In terms of margin, we expect to maintain solid profit structure by actions in managing the work process going forward. With regard to MC, Mobile Communications division. Third quarter revenue was KRW 1.5 trillion, which is a 25% decrease Y-o-Y due to declining smartphone market and lower sales of LTE premium products as well as the mass-tier products. Margins growth Q-o-Q are driven by the impact of new 5G product sales and the base effect from one-off cost for relocating our smartphone manufacturing site to Vietnam. In the upcoming quarter, market competition is expected to be intensified due to the seasonal discount of computers and new product lineup and the domestic market demand to weaken from tighter subsidy regulations. For LG Electronics. We'll expand our revenue by launching new premium products, the new Dual Screen 2 which has better user experience feature. Next quarter profitability is expected to improve Y-o-Y from continuous growth improvement activities, such as production...

  
Report Type:

Transcript

Source:
Company:
Ticker
066570.KS
Time
12:00am GMT
Format:
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LG Electronics Inc Q2 2019 Earnings Call Transcript – 2019-07-31 – US$ 54.00 – Edited Transcript of 066570.KS earnings conference call or presentation 31-Jul-19 12:00am GMT

LG Electronics Inc Q1 2019 Earnings Call Transcript – 2019-04-30 – US$ 54.00 – Edited Transcript of 066570.KS earnings conference call or presentation 30-Apr-19 12:00pm GMT

LG Electronics Inc Q4 2018 Earnings Call Transcript – 2019-02-01 – US$ 54.00 – Edited Transcript of 066570.KS earnings conference call or presentation 1-Feb-19 12:00am GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "LG Electronics Inc Q3 2019 Earnings Call Transcript" Oct 31, 2019. Alacra Store. May 19, 2024. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2019-LG-Electronics-Inc-Earnings-Call-T12790754>
  
APA:
Thomson StreetEvents. (2019). LG Electronics Inc Q3 2019 Earnings Call Transcript Oct 31, 2019. New York, NY: Alacra Store. Retrieved May 19, 2024 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2019-LG-Electronics-Inc-Earnings-Call-T12790754>
  
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