066570.KS - LG Electronics Inc.
| Previous Close | 98,700.00 |
| Open | 98,800.00 |
| Bid | 98,000.00 x 0 |
| Ask | 98,200.00 x 0 |
| Day's Range | 97,300.00 - 100,500.00 |
| 52 Week Range | 66,300.00 - 114,500.00 |
| Volume | 652,598 |
| Avg. Volume | 676,621 |
| Market Cap | 16.64T |
| Beta | 0.85 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Apr 25, 2018 - Apr 30, 2018 |
| Forward Dividend & Yield | 400.00 (0.38%) |
| Ex-Dividend Date | 2017-12-27 |
| 1y Target Est | 125,817.00 |
- Reuters•4 days ago
South Korea's LG Group chairman dies from illness at 73
The chairman of LG Group, Koo Bon-moo, who helped transform South Korea's fourth-largest conglomerate into a global brand, passed away on Sunday after a battle with a brain disease. Koo, 73, had been ill for a year, LG Group said in a statement. "Becoming the third chairman of LG at the age of 50 in 1995, Koo established three key businesses - electronics, chemicals and telecommunications - led a global company LG, and contributed to driving (South Korea's) industrial competitiveness and national economic development," LG said.
Reuters•16 days agoSouth Korean prosecutors raid LG's head office in tax probe
South Korean prosecutors have raided LG Group's head office as part of a probe into alleged tax evasion by family members controlling the conglomerate, the prosecutors' office said on Wednesday. Prosecutors are looking into possible evasion of capital gains tax worth about 10 billion won ($9.25 million) in relation to the transfer of shares of an LG affiliate, the Seoul Central District Prosecutors' Office said in a text message to reporters.
- Thomson Reuters StreetEvents•22 days ago
Edited Transcript of 066570.KS earnings conference call or presentation 26-Apr-18 12:00pm GMT
Q1 2018 LG Electronics Inc Earnings Call
Reuters•22 days agoFOCUS: How Samsung fell behind Sony and LG in the premium TV market
At the 2013 annual Consumer Electronics Show in Las Vegas, flashy organic light-emitting diode (OLED) televisions sporting credit card-thin screens were at the front and centre of Samsung Electronics' new gadgets display. "It was based on an objective appraisal of technological and cost competitiveness," Jongsuk Chu, head of sales and marketing for Samsung's TV business, told Reuters in a statement, referring to its decision to discontinue making OLED TVs.
Reuters•23 days agoHow Samsung fell behind Sony and LG in the premium TV market
At the 2013 annual Consumer Electronics Show in Las Vegas, flashy organic light-emitting diode (OLED) televisions sporting credit card-thin screens were at the front and center of Samsung Electronics' new gadgets display. "It was based on an objective appraisal of technological and cost competitiveness," Jongsuk Chu, head of sales and marketing for Samsung's TV business, told Reuters in a statement, referring to its decision to discontinue making OLED TVs.
- Moody's•27 days ago
LG Electronics Inc. -- Moody's: LG Electronics' rating unaffected by acquisition of ZKW
Moody's Investors Service says that LG Electronics Inc.'s (LGE) acquisition of ZKW Group GmbH does not affect LGE's Baa3 issuer rating and stable outlook. On 26 April, LGE announced that it had entered ...
- Associated Press•28 days ago
LG to buy automotive light maker ZKW for 1.1 billion euros
SEOUL, South Korea (AP) — LG Electronics Inc. said Thursday it will acquire Austrian-based automotive light maker ZKW in the company's biggest acquisition as its seeks a bigger share in the automotive components market.
- Reuters•29 days ago
LG Elec reports highest first-quarter profit since 2009 as TV earnings jump
South Korea's LG Electronics Inc reported its highest first-quarter operating profit since 2009, as record profits from its TV business more than made up for another loss for the mobile division. January-March profit for the world's second-largest TV maker climbed 20 percent from a year ago to 1.1 trillion won ($1.02 billion), in line with the company's guidance this month. The TV division posted a 76.5 percent rise in profit to a quarterly record of 577 billion won, with an operating margin of 14 percent, led by sales of high-end television sets, including those with organic light-emitting diode (OLED) screens.
- Reuters•last month
Trump's next $100 billion tariff dilemma - hit Wal-Mart or Apple Store?
U.S. consumers may be about to directly feel the effects of the trade fight started by U.S. President Trump with China and other countries this year when a new list of Chinese imports to be taxed is announced in coming days. After imposing import tariffs on solar panels and washing machines in January, Trump moved to levy steel and aluminium in March along with about $50 billion in other goods. After China responded with a list of U.S. goods that would be subject to tariffs, Trump raised the stakes on April 4 by directing the U.S. Trade Representative to consider $100 billion in additional levies.
- Reuters•last month
U.S. ban on sales to China's ZTE opens fresh front as tensions escalate
LONDON/NEW YORK/HONG KONG (Reuters) - The United States has banned American firms from selling parts and software to China's ZTE Corp for seven years, potentially devastating for the telecoms equipment maker and exacerbating tensions between the world's two largest economies. The U.S. Commerce Department imposed the ban following ZTE's violation of an agreement on punishing employees that was reached after it was caught illegally shipping U.S. goods to Iran. China responded swiftly, warning it is prepared to take action to protect the interests of Chinese firms and saying it hopes the United States can deal with the issue in accordance with the law.
- Reuters•last month
U.S. strike on China's ZTE another blow for Qualcomm
SHANGHAI/BEIJING (Reuters) - A move by the United States to ban American firms selling components to the Chinese telecom equipment maker ZTE Corp will also hit a target closer to home: Qualcomm Inc, a U.S. company that is a major supplier of chips for ZTE's phones. The U.S. Department of Commerce slapped a seven-year ban on sales to ZTE on Monday for breaking terms of an agreement reached last year after it was caught illegally shipping goods to Iran. Caught in the crossfire is Qualcomm, whose products account for the lion's share of chips inside ZTE smartphones.
- Reuters•2 months ago
LG Electronics tips highest first-quarter profit since 2009
South Korea's LG Electronics Inc said it expects first-quarter operating profit to rise 20 percent from a year ago to its highest in 9 years, beating market expectations. The world's No.2 television maker did not disclose details of the results but analysts said bullish sales of OLED TVs and premium home appliances likely offset weakness in its mobile phone division. Preliminary January-March profit came in at 1.1 trillion won (£735.6 million), the company said, beating a Thomson Reuters StarMine SmartEstimate of 935 billion won from a poll of 16 analysts.
Reuters•2 months agoLG Electronics tips highest first quarter profit since 2009
South Korea's LG Electronics Inc said it expects first-quarter operating profit to rise 20 percent from a year ago to its highest in 9 years, beating market expectations. The world's No.2 television maker did not disclose details of the results but analysts said bullish sales of OLED TVs and premium home appliances likely offset weakness in its mobile phone division. Preliminary January-March profit came in at 1.1 trillion won ($1 billion), the company said, beating a Thomson Reuters StarMine SmartEstimate of 935 billion won from a poll of 16 analysts.
- Associated Press•2 months ago
The Latest: LG says uncertain how to stop breaches of data
LONDON (AP) — The Latest on 0900 GMT (all times local):
- Forbes•3 months ago
How Voice Technology Is Disrupting Modern Computing: And Why Investors Should Be Listening
The next phase of computing is a complete paradigm shift in how humans interact with technology: It’s dropping the screen and integrating AI-driven voice technology.
- Reuters•3 months ago
Corrected: Qualcomm warns of customer losses, legal hazards to Broadcom buyout
In a filing that followed up on its letter to Broadcom Chief Executive Hock Tan on Thursday rebutting his latest offer, the San Diego-based company laid out more detail on its reservations about the deal. It said two customers who provide more than $1 billion in chip revenue had said they would likely move designs away from Qualcomm if the deal went through, citing a lack of confidence in Broadcom's ability to continue to lead in technology. Broadcom, which makes connectivity chips used in products ranging from mobile phones to servers, first approached Qualcomm in November.
- Reuters•3 months ago
LG Elec plans to hike U.S. washer prices by 4-8 pct after tariffs
LG Electronics Inc said on Thursday it was planning to raise prices of its washing machines in the United States by about 4-8 percent in March in response to tariffs on large residential washers imposed by U.S. President Donald Trump. LG and rival Samsung Electronics had hoped to avoid any fallout from Trump's "America First" trade policies, but took a hit after his decision last month to impose tariffs of up to 50 percent on imports of washing machines and key components.
- Reuters•3 months ago
LG Elec plans to hike U.S. washer prices by 4-8 pct after tariffs
LG Electronics Inc said on Thursday it was planning to raise prices of its washing machines in the United States by about 4-8 percent, after the Trump administration slapped tariffs on large imported residential washers. LG and rival Samsung Electronics had hoped to avoid any fallout from U.S. President Donald Trump's "America First" manufacturing and jobs mantra, but took a hit after his decision last month to impose tariffs of up to 50 percent on imports of washing machines and key components. According to a South Korean newspaper, the two companies are planning to hike the prices of their washing machines in the United States by about 5-10 percent in the second quarter.
- PR Newswire•4 months ago
LG and Honeywell Demo Automotive Cybersecurity Solution
PLYMOUTH, Mich., Jan. 31, 2018 /PRNewswire/ -- Honeywell (HON) and LG Electronics Inc. (KSE:KRX) signed a memorandum of understanding to develop and demonstrate a unique automotive software technology and infrastructure solution to address threats associated with the increase in vehicle connectivity technology. The two companies showcased a collaborative cybersecurity solution at the 2018 Consumer Electronics Show in Las Vegas earlier this month, and at the recently concluded 2018 North American International Auto Show in Detroit. The collaboration between LG and Honeywell provides automakers a next generation cybersecurity solution for system communications within the vehicle as well as an increasing amount of external communications via cellular and satellite connectivity.
- Reuters•4 months ago
S.Korea to raise safeguard issues during trade talks with U.S. - S.Korean official
South Korea said on Wednesday it plans to raise safeguard issues during talks with the United States to revise a bilateral trade deal following Washington's decision to slap steep tariffs on imported washing machines and solar panels. Experts say safeguard issues could toughen the outlook for the talks, which could risk alienating Seoul and Washington in the face of North Korea's nuclear threat. "Trade remedies are an important issue to us.
- Reuters•4 months ago
U.S. washer tariffs put Samsung, LG supply chains through the wringer
When South Korea's Samsung Electronics and LG Electronics last year announced plans to build home appliance factories in the United States, they hoped to sidestep any fallout from President Donald Trump's "America First" manufacturing and jobs mantra. Last week's decision by the U.S. government to impose tariffs of up to 50 percent on imports of washing machines and key components showed that wasn't to be. The inclusion of hefty tariffs on components in particular had moved the goal posts in a long-running trade dispute, upending supply chains and threatening investment across other industries, officials from the companies and the South Korean government said.
- Reuters•4 months ago
U.S. washer tariffs put Samsung, LG supply chains through the wringer
When South Korea's Samsung Electronics and LG Electronics last year announced plans to build home appliance factories in the United States, they hoped to sidestep any fallout from President Donald Trump's "America First" manufacturing and jobs mantra. Last week's decision by the U.S. government to impose tariffs of up to 50 percent on imports of washing machines and key components showed that wasn't to be.
- Reuters•4 months ago
Hung out to dry twice, Tennessee city stumped by Trump's washer tariffs
When President Donald Trump imposed steep tariffs on imported washing machines last week it was a "Not Again" moment for officials in this north Tennessee city that has lost jobs to an international trade dispute before. The move threatens to stunt the launch of a new LG Electronics washing machine factory under construction in Clarksville, just four years after the U.S.-China trade fight over solar panels scuttled a nearby $1.2 billion Hemlock Semiconductor polysilicon plant.
Yahoo Finance Video•3 months agoLG Elec plans to hike U.S. washer prices by 4-8 pct after tariffs
LG Electronics Inc said on Thursday it was planning to raise prices of its washing machines in the United States by about 4-8 percent in March in response to tariffs on large residential washers imposed by U.S. President Trump.
Yahoo Finance Video•3 months agoLG Elec plans to hike U.S. washer prices by 4-8 pct after tariffs
LG Electronics Inc said on Thursday it was planning to raise prices of its washing machines in the United States by about 4-8 percent in March in response to tariffs on large residential washers imposed by U.S. President Trump.