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LG Electronics on Track for Earnings Recovery

Wall Street Journal US Business •
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LG Electronics is on course for an earnings recovery this year after resilient growth in its home‑appliance and television businesses boosted net profit in the latest quarter. The consumer‑electronics giant posted a double‑digit increase in second‑quarter net profit that narrowly missed market expectations, continuing its earnings recovery after a turnaround in the first three months of 2026.

The results come as the South Korean company, long a global household name, continues to expand into new businesses, such as cooling systems for artificial‑intelligence data centers and robotics. LG Electronics has also stepped up its cost‑efficiency and restructuring efforts as logistics and raw‑material costs rise amid geopolitical tensions in the Middle East and Europe, helping improve profitability recently.

With a strong rebound in core product lines and a clear push into emerging growth areas, the company is positioning itself for sustainable long‑term performance. Its focus on cost control and strategic diversification is expected to buffer against external pressures and drive future earnings growth.