Samsung, LGE Profits Keep Rolling in Q2 Based on Preliminary Results

Published July 12, 2021

Samsung Electronics and LG Electronics issued preliminary Q2 2021 revenue and earnings results last week. Both companies continue to roll, with Samsung posting a 53% Y/Y increase in operating profit and LG reporting its best-ever Q2 for both revenues and operating profits. Both companies fought off headwinds from exchange rates, as the Korean won strengthened by more than 8% Y/Y during Q1.

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Written by

Bob O'Brien

bob.obrien@displaysupplychain.com

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