When it comes to Korean mobile phone companies, the brand Samsung may come to mind first. In fact, the development of lg's mobile phone was also very good before, but it also chose a state where the sword is biased, which led to its overall economic development is not very good now. The devaluation of the won before led to the fact that LG is still facing a global financial crisis, which has brought a corresponding negative impact. It can be said that this impact is very unacceptable for everyone.
and we can also see it. LG's current high-end strategy is still difficult to avoid the impact of the financial tsunami. It can be said that such a thing really makes people feel very worried about LG enterprises. What happened before also surprised many people. Lg Electronics has also released its current sales figure. First, although it has been improved to the greatest extent, we can see that the corresponding relationship between the won and the US dollar has led to a paranoia, so that the foreign exchange debt of the current company is still increasing rigidly. Similarly, we can see that the demand, close to this state, is still very reduced on the whole, so a profit of his electronics company has shrunk by nearly 9%.
For such a thing, many netizens feel very shocked, and at the same time, they feel that it is really worrying for the development of the company. At the same time, we can see that the situation of one of LG's mobile phone businesses can still be very good. However, if there is such a trend of global economy, then a LG company may suffer the corresponding things now, which also makes many netizens feel very scared. What is also not seen is that there is a double-edged sword influence on LG's current development in this state of devaluation of the won.
So the reason for saying this is that the depreciation of the won means that there is still a certain competitive power to borrow companies to conduct overseas markets, but I didn't show you the existence of risks. As we all know, as far as Korean mobile phone manufacturers are concerned, the overall economic development in the China market is not very strong. At the same time, one of the biggest problems facing LG is that its innovation ability still needs to be improved, so overall, its current development situation is still very severe.