LG Electronics has expanded the scope of its R&D base in Vietnam for the second time. Having committed to establishing a comprehensive business system in Southeast Asia, their...
LG Electronics' strategic transformation efforts are paying off, as evidenced by its record-breaking third quarter 2024 performance, driven by three core pillars: operational efficiency,...
LG Electronics is following Samsung's lead in pursuing the lucrative medical technology field as a key future revenue source. The company plans to develop its medical technology business,...
LG Electronics' Business Solutions (BS) division plans to nearly double its revenue in the B2B market to KRW 10 trillion (US$7.4 billion) by 2030, focusing on commercial displays...
As Generative AI (GenAI) technology matures and its functions improve, businesses are exploring new applications beyond traditional devices. While GenAI has already made inroads into...
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...
