LG Electronics has predicted its Q1 operating earnings at KRW1.5tn ($1.14bn), which is likely to be the company’s second-highest profit for the January-March period. This outpaces Samsung Electronics’ financial result for the first time in over a decade. LG’s Q1 operating earnings have actually risen by 10-20% from a year ago. The tech firm was able to respond to challenges through restructuring its business portfolio and operational structure. It also saw rapid growth in the company’s vehicle component solutions business and business-to-business market expansion.
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