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That depends on the market positioning. High end LG and Samsung TVs have a healthy margin. In the first half of 2018, LG Electronics' operating profit margin o
by scq 5y ago
That depends on the market positioning. High end LG and Samsung TVs have a healthy margin.
In the first half of 2018, LG Electronics' operating profit margin on their TV segment was 12.4% due to strong OLED sales[0].
0: http://www.businesskorea.co.kr/news/articleView.html?idxno=24794 http://www.businesskorea.co.kr/news/articleView.html?idxno=2...
- tyrfing 5y ago3.3% for LG last quarter, that 2018 number is better than anything they've seen in the last 2 years. Samsung is losing money manufacturing panels, but their reports are a mess. For comparison, Apple is at 31%, Walmart is at 4.5%.
- stjohnswarts 5y agoWow, that's really surprising. I figured people were doing more TV and streaming during the boredom of the covidapocalypse
- lotsofpulp 5y agoProfit margin is not necessarily a function of how much utility your product provides.