Breaking News

ASUSTOR at Computex 2026 Exceed the Infinite with New ASRock X870E Taichi White Motherboard Fanatec unveils new products and performance upgrades at Spring Showcase LG Electronics Introduces First UltraGear evo Hyper Mini LED 5K Gaming Monitor CORSAIR Launches ThermalProtect PCIe 5.1 600W 12V-2x6 Cable to Help Protect GPUs from Overheating

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

LG's Home Appliances Business More Profitable Than Samsung's

LG's Home Appliances Business More Profitable Than Samsung's

Enterprise & IT Jan 31,2016 0

LG Electronics has takes the lead over rival and larger Samsung Electronics when it comes to sales of home appliances, according to the latest data released by the compapanies. LG was more profitable than Samsung in the home appliance business in 2015 despite a huge gap in their overall revenue.

LG's home entertainment and home appliance & air solution divisions chalked up an operating profit of 1.04 trillion won (US$830 million) on sales of 33.9 trillion won.

The company's operating margin, or the ratio of operating profit to sales, thus came to be 3.1 percent last year.

Samsung's consumer electronics segment posted an operating profit of 1.25 trillion won on revenue of 46.9 trillion won, but its operating margin stood at 2.7 percent.

LG's higher operating margin in the home appliance segment came as its sales were dwarfed by those of Samsung, the largest company in South Korea.

Samsung's overall sales came to 200.6 trillion won in 2015, up nearly 30 percent from 154.6 trillion won in 2010, while LG's revenue edged up to 56.5 trillion won from 55.7 trillion won.



Tags: LG ElectronicsSAMSUNG
Previous Post
Hon Hai Chairman Believes Sharp Will Agree With Take Over Offer
Next Post
Amazon To Further Expand Its Music Streaming Business: report

Related Posts

  • LG Electronics Introduces First UltraGear evo Hyper Mini LED 5K Gaming Monitor

  • LG Electronics Unveils New LG MAGNIT Micro LED Display at ISE 2026

  • LG Electronics Expands Its Lifestyle TV Lineup With the New Art-Inspired Gallery TV

  • Samsung Unveils 115” 4K Smart Signage Display

  • Galaxy AI Is Coming to New Galaxy Watch for More Motivational Health

  • Samsung Introduces Galaxy A55 5G and Galaxy A35 5G

  • Samsung’s New AI PC, Galaxy Book4 Series, Available Globally Beginning February 26

  • Samsung and Google Cloud Join Forces to Bring Generative AI to Samsung Galaxy S24 Series

Latest News

ASUSTOR at Computex 2026
Enterprise & IT

ASUSTOR at Computex 2026

Exceed the Infinite with New ASRock X870E Taichi White Motherboard
PC components

Exceed the Infinite with New ASRock X870E Taichi White Motherboard

Fanatec unveils new products and performance upgrades at Spring Showcase
Gaming

Fanatec unveils new products and performance upgrades at Spring Showcase

LG Electronics Introduces First UltraGear evo Hyper Mini LED 5K Gaming Monitor
Gaming

LG Electronics Introduces First UltraGear evo Hyper Mini LED 5K Gaming Monitor

CORSAIR Launches ThermalProtect PCIe 5.1 600W 12V-2x6 Cable to Help Protect GPUs from Overheating
Enterprise & IT

CORSAIR Launches ThermalProtect PCIe 5.1 600W 12V-2x6 Cable to Help Protect GPUs from Overheating

Popular Reviews

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Crucial T710 2TB NVME SSD

Crucial T710 2TB NVME SSD

JSAUX 65Wh Rog Ally Battery

JSAUX 65Wh Rog Ally Battery

Introducing PriceHub

Introducing PriceHub

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed