EntertainmentConsumer Electronics

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Author: Chirag Upadhyay
Publication Date: Dec 07 2015
Pages: 18
Report Type: Presentation, PowerPoint
Consumer Electronics

CE Vendor Quarterly Analysis: LGE Q3 2015



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Report Summary:

LG posted quarterly sales of US$12.0 billion in Q3 2015, a drop of 5% from Q3 2014 on a current currency basis. The company posted a profit of $107 million during the quarter for which it was largely reliant on the strong performance of its Home Appliance and Air Solution group. The Home Entertainment group returned ti profit for the first time in three quarters while LG's Mobile Communications group continues to struggle in the face of mounting competition from established players such as Samsung and Apple but also newer Chinese entrants.
This report primarily focuses on one of LG's reporting segments: Home Entertainment (e.g., Flat Panel TVs, Audio, IT (Monitor and PC)). A unit shipment forecast for the next three quarters is provided for Flat Panel TVs. 

 




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