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Supply Chain Intelligence about:

Lg Electronics Inc.

Company profile   South Korea

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Contact information for Lg Electronics Inc.

 
Address
LG TWIN TOWERS 20 YOIDO-DONG YOUNGDUNGPO-GU SEOUL 150-721 KOREA
 
 
Top HS Codes
  1. HS 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles
  2. HS 39 - Plastics and articles thereof
  3. HS 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  4. HS 72 - Iron and steel
  5. HS 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

Recent Panjiva Research about Lg Electronics Inc.

20201019-retail-sales

Best Buy cuts imports as electrical store sector sales slow

U.S. retail sales continued to recover in September with a 7.1% increase compared to a year earlier. Furniture store sales accelerated to growth of 7.5% compared to just 1.7% in August. Electrical store sales meanwhile dropped by 6.1%, accelerating the August decline of 4.7%, potentially becau... Read more →

20200731-lg-products

LG Electronics takes cautious stance toward COVID-19 recovery

LG Electronics reported a 17.9% slide in revenues in Q2 after COVID-19 cut demand for the firm’s discretionary-spending products including home appliances. The firm’s outlook is also muted, citing both the ongoing U.S.-China trade war and only a “gradual improvement of the business environment... Read more →

20160901-hanjin-150x150

HMM Steps Up for Team South Korea, and Itself

Hyundai Merchant Marine will help offset the disruption to South Korean exporters from Hanjin Shipping’s move to receivership. Aside from the commercial interest, it helps the government’s objective of protecting a fragile export recovery. LG, Samsung and Nexen rely on Hanjin for U.S. exports,... Read more →

20160817-phone-growth-rates-150x150

Smartphone Importers Dial G for Growth in June

U.S. mobile phone imports grew 9.2% in June after falling for most of the past year. This resulted from increased imports from China, though apparently not from Apple-supplier Foxconn. Imports were boosted by shipments from South Korea and Vietnam, suggesting phones from Samsung Electronics an... Read more →

20160721-phone-totals-150x150

Samsung Winning Phone Wars in Shrinking Market

Smartphone imports in late spring are traditionally slow – this year customers await new products from Apple, and Samsung’s Galaxy updates are not yet available. New devices are needed to excite the market as market forecaster IDC expects mobile phone shipments globally to slow to 3.1% in 2016... Read more →