LG Electronics Inc
KRX:066570
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LG Electronics Inc
Gross Margin
LG Electronics Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | KR |
| Market Cap | 15.2T KRW |
| Gross Margin |
24%
|
| Country | JP |
| Market Cap | 17.8T JPY |
| Gross Margin |
35%
|
| Country | CH |
| Market Cap | 40.4B USD |
| Gross Margin |
58%
|
| Country | JP |
| Market Cap | 3.6T JPY |
| Gross Margin |
30%
|
| Country | CN |
| Market Cap | 86.2B CNY |
| Gross Margin |
12%
|
| Country | IN |
| Market Cap | 917.9B INR |
| Gross Margin |
9%
|
| Country | CN |
| Market Cap | 55.9B CNY |
| Gross Margin |
10%
|
| Country | JP |
| Market Cap | 651.2B JPY |
| Gross Margin |
15%
|
| Country | JP |
| Market Cap | 639.7B JPY |
| Gross Margin |
45%
|
| Country | CN |
| Market Cap | 27.7B CNY |
| Gross Margin |
15%
|
| Country | CN |
| Market Cap | 26.5B CNY |
| Gross Margin |
13%
|
LG Electronics Inc
Glance View
LG Electronics Inc., a South Korean multinational corporation, stands as a formidable player in the global electronics and home appliances market. Founded in 1958, LG has built a reputation for innovation and quality across its diverse product range, including consumer electronics, mobile communications, home appliances, and automotive components. A part of the larger LG Group conglomerate, the company has consistently demonstrated resilience and adaptability in a rapidly changing technological landscape. With a commitment to sustainability and smart technology, LG has also set ambitious goals to reduce greenhouse gas emissions and enhance energy efficiency, positioning itself as a forward-thinking choice for eco-conscious consumers and investors alike. For investors, LG Electronics represents a blend of established market presence and growth potential. The company’s strategic focus on premium product lines, such as OLED television technology and smart appliances, has allowed it to maintain a competitive edge in demanding markets. Moreover, LG is increasingly investing in research and development, particularly in areas like artificial intelligence and the Internet of Things, which are pivotal for future growth and market leadership. As LG continues to evolve alongside rapidly changing consumer preferences, its proactive initiatives in innovation and sustainability promise not only to enhance shareholder value but also to foster long-term stability in an unpredictable economic environment.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on LG Electronics Inc's most recent financial statements, the company has Gross Margin of 24.3%.
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