LG Electronics Inc. provided revenue guidance for the first quarter and full year 2024. For the quarter, the company expects revenue to grow year-on-year on the back of increased sales of OLED TVs, but profitability may decrease somewhat year-on-year due to the impact from rising cost of major materials, including LCD panels.

For the year, the company expects that top line growth momentum will continue driven by revenue realized from project launches of awarded business.