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Author: Prayerna Raina
Publication Date: Jun 02 2015
Pages: 18
Report Type: Report, PowerPoint
Consumer Electronics

CE Vendor Quarterly Analysis: LG Q1 2015

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Report Summary:

LG posted quarterly net sales of US$12.7 billion in Q1 2015, an increase of 0.04% from Q1 2014, and an operating income of $0.28 billion a decline of 36.6% from the year ago quarter.  LG shipped an estimated 7.4 million Flat Panel TVs (FPTV) in Q1 2015 and a record 32.6 million FPTVs in 2014. While the Home Entertainment group was generally profitable in 2014, in Q4 2014 and Q1 2015, the operating income came under pressure due to currency fluctuation and intense competition that has adversely affected ASPs and therefore sales as well. This report primarily focuses on one of LG's reporting segments: Home Entertainment (e.g., Flat Panel TVs, IT (Monitor and PC)). Unit shipment forecast for the remaining three quarters of 2015 is provided for Flat Panel TVs. 

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