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LG Electronics Home Appliance Unit Invests a Record ₩560 Billion in H1

LG Electronics logoLG Electronics
Sig3.22Sen+6.63Env0.00Soc0.00Gov0.00

LG Electronics invested a record ₩560 billion (about $404.6 million) in its home appliance business in the first half, rising from roughly ₩300 billion over the previous five years. The HS Business Division reported record half-year revenue of ₩14.02 trillion and an operating margin of 9.0%, with revenue and profit comparisons showing a widening operating profit gap versus Samsung’s display and digital appliances divisions.

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