Friday, January 28, 2022

LG Electronics Q4 operating profit down 21% on weaker demand

LG Electronics has announced that its operating profit fell 21 per cent in the fourth quarter from a year earlier due to a hike in logistics and raw material costs and weaker-than-expected holiday spending on home appliances.

from Gadgets Now https://www.gadgetsnow.com/tech-news/lg-electronics-q4-operating-profit-down-21-on-weaker-demand/articleshow/89172921.cms

No comments:

Post a Comment

iPhone 18 Pro Series to Feature Variable Aperture Cameras: Ming-Chi Kuo

Apple launched its iPhone 16 lineup two months ago and rumours about the iPhone 17 are already in full swing. However, rumours about the iPh...