LG Electronics

  • LG Electronics Q2 Results: Operating Profit Plunges 46.6%

    LG Electronics reported a 4.4% year-over-year revenue decline and a 46.6% drop in operating profit for Q2 2025, citing weak global demand, U.S. tariffs, and increased competition. While home appliance, vehicle component, and environmental solutions divisions achieved record results, the media and entertainment segment faced losses due to declining TV sales. LG aims to boost growth in the second half by focusing on high-efficiency products, expanding its portfolio, and targeting emerging sectors like AI data centers.

    1 day ago