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LG Surpasses Samsung in Appliance Profits | South Korea News
Samsung and LG are neck-and-neck in TV and appliance sales, but their profits tell a wild story: LG made over 1 trillion won in profit while Samsung lost 10 billion won — despite LG pulling in just 40 billion won more in revenue. What’s driving this? LG’s smart pivot to subscriptions, webOS, premium products, and leaner operations, while Samsung still relies on volume and low margins. Industry watchers say LG’s built resilience over years, while Samsung scrambles to catch up — outsourcing cheaper items like microwaves while keeping high-margin appliances in-house. With Chinese brands slashing…
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