LG Corporation operates in the Household audio and video equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares LG with three other
audio-visual equipment producers in Asia:
Hangzhou Hikvision Digital Technology Company., Limited
sales of 31.92 billion Chinese Renmimbi [US$4.64 billion]
of which 100%
was Video Products & Services),
Sichuan Changhong Electric Company Limited
(67.09 billion Chinese Renmimbi [US$9.74 billion]
of which 66%
was Consumerelectric), and
Skyworth Digital Holdings Ltd
based in Hong Kong
(42.70 billion Hong Kong Dollars [US$5.48 billion]
of which 71%
was TV Products).
LG reported sales of 9.92 trillion Korean Won (US$8.89 billion)
December of 2016.
increase of 7.2%
versus 2015, when the company's sales were 9.25 trillion Korean Won.
The sales level in 2016 was fairly close to the level five years ago: in 2011, LG had sales
of 9.40 trillion Korean Won.
Sales of Lg Servenoe saw an increase
that was more than double the company's growth rate: sales were up
18.8% in 2016, from
4.84 trillion Korean Won to 5.75 trillion Korean Won.
Not all segments of LG experienced an increase in sales in 2016:
sales of Other Segments fell 18.9% to 266.32 billion Korean Won.
(However, this segment's sales were only a very small portion of the company's overall sales).
LG also experienced decreases in sales in
Lg Cns (down 4.9% to 3.43 trillion Korean Won)