066570.KS - LG Electronics Inc.

KSE - KSE Delayed Price. Currency in KRW
73,700.00
-500.00 (-0.67%)
At close: 3:30PM KST
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Previous Close74,200.00
Open75,400.00
Bid73,900.00 x 0
Ask74,000.00 x 0
Day's Range73,500.00 - 75,400.00
52 Week Range58,800.00 - 104,500.00
Volume605,361
Avg. Volume970,373
Market Cap12.519T
Beta (3Y Monthly)1.19
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateApr 25, 2018 - Apr 30, 2018
Forward Dividend & Yield750.00 (1.00%)
Ex-Dividend Date2018-12-27
1y Target Est93,867.00
  • Reuters13 hours 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.

  • LG Electronics to suspend mobile phones production in South Korea this year: Yonhap
    Reuters13 hours 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 Elec declined comment on the report.

  • LG Elec sees lower profit as mobile business stays in red, shares slip
    Reuters20 days ago

    LG 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.

  • Reuters21 days 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.

  • Reuterslast month

    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.

  • Reuters2 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.

  • Europe's Giant Tech Show Packs Hits, and Plenty of Flops
    Bloomberg2 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 StreetEvents3 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

  • LG Electronics' fourth quarter profit plunges as rivals crowd TV business
    Reuters3 months ago

    LG Electronics' fourth quarter profit plunges as rivals crowd TV business

    SEOUL (Reuters) - 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. ...

  • LG to Supply Gesture-Reading System for Mercedes-Benz, Sources Say
    Bloomberg3 months ago

    LG to Supply Gesture-Reading System for Mercedes-Benz, Sources Say

    A camera installed in the car ceiling will read the driver’s hand gestures, letting them control tasks such as turning on cruise control and adjusting music volume. BMW has already deployed a similar system in its 7 Series sedans, using technology from Softkinetic Systems, which was later bought by Sony Corp. LG already has a deal with Mercedes for a camera system that can tell if the driver is drowsy. A Jan. 8 news release by Mercedes-Benz from CES in Las Vegas showcased a new feature called MBUX Interior Assist, which lets occupants of the Mercedes-Benz CLA Coupe control functions with gestures.

  • LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins
    Reuters4 months ago

    LG Electronics sees 80 percent drop in fourth-quarter profit; analysts point to thinning TV margins

    The world's second-biggest television set maker behind compatriot Samsung Electronics Co Ltd estimated profit of 75.3 billion won ($67.03 million) for October-December last year. LG did not disclose further details of fourth-quarter operations and will announce full results at the end of January. Analysts said likely causes included profit margins for its high-end TVs being thinned by increasing competition, while the firm's smartphone business continues to lose money.

  • TheStreet.com4 months ago

    Samsung Q4 Profit Forecast Disappoints as Smartphone and Memory Markets Slow

    shares fell sharply in Seoul Tuesday after the world's biggest smartphone maker forecast weaker-than-expected fourth quarter profits, citing a slowdown in China demand that triggered a shock sales warning last week from U.S. rival Apple Inc. Samsung said profits for the three months ending in December would likely come in at around 10.8 trillion Korean won ($9.67 billion), well shy of the market consensus of 13.2 trillion won. Group sales, Samsung said, would likely fall 11% to 59 trillion won when the company provides detailed metrics of its fourth quarter earnings later this month.

  • LG Plans to Sell TVs That Roll Up Like Posters in 2019
    Bloomberg4 months ago

    LG Plans to Sell TVs That Roll Up Like Posters in 2019

    LG is counting on so-called “rollable” and OLED televisions to revive a consumer electronics business that’s grappling with price declines and stiffening Chinese competition. OLED TVs are estimated to account for just 1.1 percent of the market this year, while LCDs claim almost 98 percent, according to data tracker Statista.

  • LG Addresses Impact Of AI On Business And Lifestyle At AI Summit And LG ThinQ Forum
    PR Newswire5 months ago

    LG Addresses Impact Of AI On Business And Lifestyle At AI Summit And LG ThinQ Forum

    NEW YORK, Dec. 7, 2018 /PRNewswire/ -- LG Electronics (LG) made a positive impression at the Artificial Intelligence (AI) Summit in New York (December 5-6), providing considerable insight on the current state of AI technology and what it could mean for life, both inside and outside the workplace. LG also hosted its own LG ThinQ Forum during the summit, leading a lively talk and reinforcing the strength of LG ThinQ, the company's own AI platform. Mohammed Ansari, senior vice president and general manager of the LG Silicon Valley Lab, participated in a panel discussion entitled, The Failures of AI: What is holding AI back from taking off?

  • Matthew Morrison, Instagram Star Donté Colley and 400 Others Dance Atop WTC for International Day of Happiness in NYC
    LifeMinute.TV Videoslast month

    Matthew 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.

  • 5G will start this year and continue to grow stronger: LG Electronics president
    Fox Business Videos3 months ago

    5G will start this year and continue to grow stronger: LG Electronics president

    LG Electronics President Dr. I.P. Park, during an exclusive interview with FOX Business’ Liz Claman, discussed the future of 5G, the companies new partnership with Apple and his outlook for CES 2019.

  • LG Electronics president: We're building US factories so we're not buried by tariffs
    Fox Business Videos3 months ago

    LG Electronics president: We're building US factories so we're not buried by tariffs

    LG Electronics President Dr. I.P. Park discusses how President Trump’s tariffs are affecting his business and addresses the concerns surrounding the growth of AI.

  • LG Electronics sees 80 pct drop in Q4 profit
    Reuters Videos3 months ago

    LG Electronics sees 80 pct drop in Q4 profit

    South Korea's LG Electronics said on Tuesday its fourth-quarter operating profit likely plummeted 80 percent from the same period a year earlier, falling well below analyst expectations. Laura Frykberg reports.

  • LG Electronics CTO Park Says 5G Will Be a 'Turning Point'
    Bloomberg4 months ago

    LG Electronics CTO Park Says 5G Will Be a 'Turning Point'

    Jan.07 -- LG Electronics Inc. President and Chief Technology Officer I.P. Park talks about the state of the global technology industry, the company's strategy and products. He speaks from the sidelines of the Consumer Electronics Show in Las Vegas with Yvonne Man, Rishaad Salamat and Haslinda Amin on "Bloomberg Markets: Asia."