066570.KS - LG Electronics Inc.
| Previous Close | 70,900.00 |
| Open | 70,700.00 |
| Bid | 69,900.00 x 0 |
| Ask | 70,000.00 x 0 |
| Day's Range | 69,700.00 - 71,300.00 |
| 52 Week Range | 58,500.00 - 83,400.00 |
| Volume | 348,623 |
| Avg. Volume | 448,095 |
| Market Cap | 11.895T |
| Beta (3Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Jan 29, 2020 - Feb 3, 2020 |
| Forward Dividend & Yield | 750.00 (1.04%) |
| Ex-Dividend Date | 2018-12-27 |
| 1y Target Est | 93,867.00 |
LifeMinute.TV VideosBetty 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.
- Thomson Reuters StreetEvents
Edited Transcript of 066570.KS earnings conference call or presentation 31-Oct-19 12:00am GMT
Q3 2019 LG Electronics Inc Earnings Call
- Moody's
LG Electronics Inc. -- Moody's: LG Electronics' ratings unaffected by LG Display's weak Q3 results
Moody's Investors Service says that LG Display Co., Ltd.'s (LGD) weak third quarter results do not have an immediate impact on LG Electronics Inc.'s (LGE) Baa3 issuer rating or the stable outlook on the rating. LGD is 37.9% owned by LGE.
- Decrypt
Binance joins blockchain council backed by Kakao, LG Electronics
Binance joins LG and Kakao-backed blockchain Klatyn, affording it influence over the protocol’s development.
- Reuters
SK Innovation fuels LG Chem feud with EV battery patent lawsuit
A feud between two South Korean battery makers escalated on Friday as SK Innovation Co Ltd said it plans to sue bigger rival LG Chem Ltd in the United States over alleged patent infringement related to electric vehicles (EV). The proposed new lawsuit by SK Innovation drew a swift denunciation from LG Chem, which called the action "groundless" and said it would seek compensation. The two companies have been at loggerheads since LG Chem sued SK in the United States in April for alleged theft of trade secrets by hiring former LG Chem employees.
- Market Realist
Dividend Stocks: What to Buy amid Falling Treasury Yields
Currently, the global market is a mess. Investors want more conservative dividend stocks in defensive sectors like consumer staples and utilities.
- Thomson Reuters StreetEvents
Edited Transcript of 066570.KS earnings conference call or presentation 31-Jul-19 12:00am GMT
Q2 2019 LG Electronics Inc Earnings Call
- Market Realist
Qualcomm Seeks Licensing Deals and 5G Market Growth
Qualcomm (QCOM) inked a new, five-year patent licensing deal with South Korea–based LG Electronics yesterday. Let's talk details.
- Reuters
PRESS DIGEST- Wall Street Journal - Aug 21
The following are the top stories in the Wall Street Journal. - Bayer AG is selling its animal-health business to American rival Elanco Animal Health Inc for $7.6 billion, part of the German drug-and-chemicals giant's plan to shed assets amid mounting legal liabilities from its Roundup herbicide. - Walmart Inc is suing Tesla Inc alleging that some of the company's solar panels sparked roof fires at several of the retailer's locations, adding to the problems the electric-car maker has had with its venture to power homes and stores.
- Reuters
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
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
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
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
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
Edited Transcript of 066570.KS earnings conference call or presentation 30-Apr-19 12:00pm GMT
Q1 2019 LG Electronics Inc Earnings Call
- Reuters
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.
ReutersLG 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
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
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.
ReutersLG 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.
ReutersLG 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
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.
