066570.KS - LG Electronics Inc.
| Previous Close | 70,000.00 |
| Open | 70,300.00 |
| Bid | 71,100.00 x 0 |
| Ask | 71,200.00 x 0 |
| Day's Range | 70,200.00 - 71,500.00 |
| 52 Week Range | 58,800.00 - 83,400.00 |
| Volume | 628,573 |
| Avg. Volume | 676,943 |
| Market Cap | 12.085T |
| Beta (3Y Monthly) | 0.97 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Apr 25, 2018 - Apr 30, 2018 |
| Forward Dividend & Yield | 750.00 (1.07%) |
| Ex-Dividend Date | 2018-12-27 |
| 1y Target Est | 93,867.00 |
LifeMinute.TV Videos•15 days agoBetty Who Joins LG Electronics and Amper Music to Make the Most Motivational Song Ever
It was a colorful, happy and motivational place at the 5k color run in LA this week. Pop star Betty Who performed a first of its kind song to celebrate the day and encourage young people to go for their goals.
LifeMinute.TV Videos•4 months agoMatthew Morrison, Instagram Star Donté Colley and 400 Others Dance Atop WTC for International Day of Happiness in NYC
To kick off International Day of Happiness LG Electronics gave the phrase 'happy dance' a whole new meaning this week, hosting a first of its kind happiness event atop the World Trade Center. The event was complete with celebs, internet stars, pop-up stations and New York City school kids all to celebrate the LG Experience Happiness Initiative and to help people focus on achieving their own happiness goals.
- Reuters•last month
LG Elec's 5G phones in doubt as chip deal with Qualcomm set to expire
Sales of LG Electronics Inc's new 5G smartphone looked uncertain on Wednesday after the firm said it was unable to narrow differences with Qualcomm Inc to renew a chip license deal that is due to expire this month. In a U.S. court filing late on Tuesday, the South Korean firm opposed Qualcomm's efforts to put a sweeping U.S. antitrust decision against it on hold, arguing setting the ruling aside could force it into signing another unfair deal. "If Qualcomm does not participate in negotiations with LGE in accordance with the Court’s Order, LGE will have no option but to conclude license and chipset supply agreements once again on Qualcomm's terms," LG's filing in the federal court in San Jose, California said.
- Reuters•last month
LG Electronics, regulators oppose Qualcomm's effort to put antitrust ruling on hold
The Korean company said that it is negotiating chip supply and patent license agreements with Qualcomm and could be forced into signing another unfair deal unless a federal judge's protections remain in place. The filing in federal court in San Jose, California, came shortly after the U.S. Federal Trade Commission also opposed Qualcomm's efforts, saying that it was in the public interest to let the antitrust ruling stand because an appeal could take years. Both filings stem from a May 21 decision by U.S. District Judge Lucy Koh that would drastically alter the business model of Qualcomm, which supplies modem chips to connect phones to mobile data networks but makes most of its profit through licensing patents.
- Associated Press•2 months ago
LG celebrates opening of first US washing machine plant
CLARKSVILLE, Tenn. (AP) — LG Electronics Inc. has officially unveiled its first washing machine plant in the United States.
- TechCrunch•2 months ago
LG developed its own AI chip to make its smart home products even smarter
As its once-strong mobile division continues to slide, LG is picking up its focus on emerging tech. The company has pushed automotive, and particularly its self-driving capabilities, and today it doubled down on its smart home play with the announcement of its own artificial intelligence (AI) chip. LG said the new chip includes its own neural engine that will improve the deep-learning algorithms used in its future smart home devices, which will include robot vacuum cleaners, washing machines, refrigerators and air conditioners.
- Moody's•2 months ago
LG Electronics Inc. -- Moody's announces completion of a periodic review of ratings of LG Electronics Inc.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of LG Electronics Inc. Hong Kong, May 17, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of LG Electronics Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
- Thomson Reuters StreetEvents•2 months ago
Edited Transcript of 066570.KS earnings conference call or presentation 30-Apr-19 12:00pm GMT
Q1 2019 LG Electronics Inc Earnings Call
- Reuters•3 months ago
Electrolux sees slowing cost headwinds in 2019 after profit beat
Swedish home appliance maker Electrolux scaled back its full-year cost guidance after reporting first-quarter earnings above market expectations as price hikes and improved product mix helped offset tariff and currency headwinds. Electrolux has boosted margins in recent years by cutting lower-margin products and increasing efficiency, but its work was partly undone last year by mounting costs for raw materials and tariffs amid a trade stand-off between Washington and Beijing. Electrolux said on Friday that price hikes had fully compensated for cost increases in North and Latin America during the quarter.
Reuters•3 months agoLG Electronics to shut South Korea phone plant, move production to Vietnam
LG Electronics Inc said on Thursday it would stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals in reorganising production as they battle a slump in global demand. The restructuring of its money-losing business comes as LG, once one of the world's top three mobile phone makers, has seen its global market share spiralling to less than 3 percent in the decade that smartphones came to dominate the mobile market. "I find its decision positive," said analyst John Park at Daishin Securities.
- Reuters•3 months ago
LG Elec to shut S.Korea phone plant, move production to Vietnam
LG Electronics Inc said on Thursday it would stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals in reorganising production as they battle a slump in global demand. The restructuring of its money-losing business comes as LG, once one of the world's top three mobile phone makers, has seen its global market share spiralling to less than 3 percent in the decade that smartphones came to dominate the mobile market. "I find its decision positive," said analyst John Park at Daishin Securities.
- Reuters•3 months ago
LG Electronics to suspend mobile phones production in South Korea this year - Yonhap
South Korea's LG Electronics plans to suspend manufacturing of its loss-making mobile phones in the country this year and shift the production to its existing plant in Vietnam, Yonhap News Agency said on Wednesday. Citing an unidentified source, Yonhap reported that LG decided to move its local handset production to Vietnam to help turn around the money-losing smartphones division. LG Electronics declined comment on the report.
Reuters•3 months agoLG Electronics to suspend mobile phones production in South Korea this year: Yonhap
South Korea's LG Electronics plans to suspend manufacturing of its loss-making mobile phones in the country this year and shift the production to its existing plant in Vietnam, Yonhap News Agency said on Wednesday. Citing an unidentified source, Yonhap reported that LG decided to move its local handset production to Vietnam to help turn around the money-losing smartphones division. LG Elec declined comment on the report.
Reuters•3 months agoLG Elec sees lower profit as mobile business stays in red, shares slip
LG Electronics Inc's operating profit likely fell by a smaller-than-expected 19 percent in the first quarter, even as losses in its mobile business and rising competition in the television segment pushed its revenue down to below consensus. Shares of the South Korean firm trimmed earlier gains after the news and turned down as much as 1.5 percent on Friday, in a broader market that was up 1.2 percent. The second-biggest TV set maker in the world, after Samsung Electronics Co Ltd, estimated an operating profit of 899.6 billion won ($792.77 million) for the January-March period, versus 1.1 trillion won a year earlier.
- Reuters•3 months ago
South Korea rolls out 5G services on phones, in race with U.S. and China
South Korea will become one of the first countries to commercially launch fifth-generation (5G) services as it rolls out on Friday the latest wireless technology with Samsung Electronics' new 5G-enabled smartphone Galaxy S10. With one of the world's top smartphone penetration rates, South Korea is in a race with China, the United States and Japan to market 5G, hoping the technology will spur breakthrough in fields such as smart cities and autonomous cars, and drive up its economic growth that slowed to a six-year low in 2018. "It is meaningful that South Korean telecom companies are providing services and networks meeting South Korean customers' high standard in speed and picture quality," Ryu Young-sang, executive vice president at the country's top mobile carrier SK Telecom, said on Wednesday.
- Reuters•4 months ago
Rakuten TV to expand movie streaming to 42 European countries
Japanese e-commerce firm Rakuten plans to expand its video-on-demand streaming service to 42 European countries, partnering with leading smart TV makers to offer movies in high-definition at the push of a remote-control button. The move positions Rakuten TV as a niche player offering 'cinema at home' to viewers who typically pay 4.99 euros ($5.64) to watch a recent Hollywood release, alongside streaming giants Netflix and Amazon Prime Video. All three have branded buttons on remote controls of internet-enabled smart TVs made by firms such as Samsung Electronics, LG, Philips and Hisense.
- Reuters•5 months ago
LG unveils dual-screen 5G smartphone and touts biometric breakthrough
South Korea’s LG Electronics unveiled a 5G smartphone on Sunday with a dual screen, the latest handset maker to pitch a new design feature in an effort to revive flagging sales. LG, the world's No.7 smartphone maker, saw its sales decline by a quarter last year as Chinese rivals Huawei Technologies and Xiaomi grabbed market share in a slightly weaker global market. Both announced 5G phones in Barcelona on the eve of the Mobile World Congress, the telecoms industry's main annual get together, with Xiaomi pitching a $680 model and Huawei smashing the price ceiling with $2,600 folding phone.
- Bloomberg•5 months ago
Europe's Giant Tech Show Packs Hits, and Plenty of Flops
The world’s biggest telecommunications trade show starts Monday, perpetuating a 30-year-old tradition intended to celebrate Europe’s pivotal role in the genesis of the mobile industry. At this year’s MWC Barcelona, formerly known as Mobile World Congress, Microsoft and Huawei are expected to steal the show by unveiling new products. In 2018, Samsung was the headliner, and Huawei the year before.
- Thomson Reuters StreetEvents•5 months ago
Edited Transcript of 066570.KS earnings conference call or presentation 1-Feb-19 12:00am GMT
Q4 2018 LG Electronics Inc Earnings Call
Reuters•5 months agoLG Electronics' fourth quarter profit plunges as rivals crowd TV business
South Korea's LG Electronics Inc posted its slowest quarterly profit growth in two years on Thursday citing higher marketing costs and tougher competition in the television business. Fourth-quarter operating profit plummeted 80 percent from a year earlier to 76 billion won ($68.5 million), in line with its earlier guidance, the company said. Widening losses in the company's struggling mobile business also dragged down profit, analysts said.
