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LG Electronics expects Q2 earnings to decrease 12% on weaker demand

LG Electronics on Thursday estimated its second-quarter operating profit decreased 12 per cent year-over-year on weaker demand for TV and home appliances amid rising inflation and raw material costs.Its earnings guidance for the April-June .

LG Electronics estimates Q2 operating earnings down 12% on weaker demand

LG unveils 2022 OLED TV lineup in India, price starts at Rs 89,990

LG has also unveiled its much anticipated Rollable OLED TV at Rs 7,500,000.

Home appliances, one-off gains drive record Q1 profit for LG

LG Electronics on Thursday said its first-quarter operating profit rose more than 6 per cent from a year ago, fueled by sales of premium home appliances and one-off gains from patents licensing.Its operating income came in at a quarterly record .

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