LG Electronics CEO William Cho has announced that by 2030, 52% of the company's revenue and 76% of its profits will come from the business-to-business (B2B) sector. Subscription services,...
Rumors have circulated about LG Electronics considering an IPO for its Indian unit, with reports indicating that the company is actively consulting investment banks for the potential...
South Korea's top TV manufacturers, Samsung Electronics and LG Electronics, are grappling with rising production costs as Chinese firms tighten their grip on the LCD...
The gaming OLED monitor recently launched by LG Electronics has reportedly sold out globally. Despite continuous production increases for said product, it remains "out of stock."...
LG Electronics took another step forward to grow its EV charging business. The South Korean company has become a strategic partner of ChargePoint, a US-based EV charging solution...
As the AI boom fuels a surge in US data center investments, the demand for efficient cooling systems is becoming increasingly critical. LG Electronics, seizing the opportunity, has...
LG Innotek and the automotive electronics division of LG Electronics recently visited Hyundai Motor Group's R&D hub. The industry has been wondering whether the two sides will...
Having initiated its transformation plans in 2023, LG Electronics has vowed recently to invest US$40 billion by 2030 in R&D, investments, and business expansion to turn itself...
Under the leadership of CEO William (Joo-wan) Cho, LG Electronics has initiated a series of corporate reforms, transforming its previously hardware-sales-focused core business to...
The EV market continues to grow. Besides carmakers, Samsung Electronics, LG Electronics, and Sony have all invested in the segment. They are scaling the business in different ways...
Amid LG Electronics' anticipation of setting new performance records in 2023, President Cho Joo-wan has expedited the South Korea-based company's "Triple 7" target by two years. As...
LG Electronics, known for consumer electronics, is expanding its portfolio to include homes. At the 2023 IFA in Berlin, LG unveiled the "LG Smart Cottage," a compact modular dwelling...