LX Semicon Q1 Operating Profit Falls 65.5% to 20.6 Billion Won

LX Semicon said in a regulatory filing on the 30th that its first-quarter consolidated revenue totaled 388.77 billion won and operating profit came to 20.594 billion won.

Revenue fell 18.4% from a year earlier, while operating profit dropped 65.5%.

From the previous quarter, revenue slipped 0.3% and operating profit declined 17.3%, which the company attributed to the impact of higher raw material prices.

The company said the decline also reflected a base effect after customers increased inventory demand last year amid uncertainty over tariff policy.

LX Semicon said it plans to focus on advanced R&D for its main products — driver ICs, timing controllers and power management semiconductors (PMICs) — and pursue market expansion based on its technology edge.