LG Electronics reported record-high revenue for 2025 yet slipped into its first quarterly operating loss in nine years, as price competition in the premium TV market undercut profitability in its display unit.
The company booked 89.2 trillion won ($61.3 billion) in consolidated revenue for the year, up 1.7 percent from 2024, according to preliminary earnings released Friday. Operating profit fell 27.5 percent year-on-year to 2.48 trillion won, while fourth-quarter results showed an operating loss of 109.4 bill
Continue Reading on The Korea Herald
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.