Samsung Electronics is projecting an operating profit of 32.72 trillion won (approximately $22.5 billion) for 2024, reflecting a 398.2% increase compared to the previous year. However, the company has faced challenges in its semiconductor business, which has impacted its performance. In contrast, LG Electronics reported record sales of 87.7 trillion won for the previous year, although its operating profit for the fourth quarter of 2024 is estimated to have declined by 53.2% due to global economic uncertainties. Additionally, LG Energy Solutions experienced a quarterly operating loss of 225.5 billion won ($154 million) for the three months ending December 31, attributed to reduced demand for electric vehicles.