The Latest Breaking News from LG Electronics

India probes LG, Samsung over alleged tariff evasion on imported OLED TV parts

India is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five sources told Reuters, putting under scrutiny the premium entertainment devices both South Korean giants

The Economic Times · Sep 23

India’s young consumers are giving Samsung’s AI appliance bet a big boost

Samsung sees significant AI appliance growth in India, driven by younger consumers. Connected Samsung appliances in India saw a nearly nine-fold increase last year. The company plans to expand AI capabilities to mid-range and entry-level products. LG Electronics is also increasing its manufacturing footprint and strategic market focus. India is…

The Economic Times · Sep 20

LG Electronics India in Jefferies’ ‘pole position’; bull case points to 21% upside

Jefferies retains a Buy rating on LG Electronics India with a Rs 1,895 target and sees Rs 2,000 in its bull case. Growth could come from premiumisation, exports, B2B expansion, higher in-house production and Sri City capacity expansion over time.

The Economic Times · Sep 11

The Next Frontier: LG's future is not just the TV and fridge in your home

LG Electronics is accelerating its transformation: LG Electronics is transforming from a home appliance maker to a technology powerhouse. The company is expanding into recurring services and business-to-business solutions. LG is also investing heavily in AI infrastructure and robotics. This strategic shift aims to build stable, high-margin businesses. The vision…

The Economic Times · Jun 16

Consumer device giant LG Electronics to launch blockchain to place and sell ads

LG Electronics worked with the crypto protocol Arbitrum to develop its own blockchain.

Fortune · Jun 11

A home that washes, cools and thinks for you: Inside LG's 'Zero Labor Home' vision for India

LG Electronics is building a future home powered by artificial intelligence. Intelligent appliances, connected platforms, and robots will work together to automate chores. This "Zero Labor Home" vision aims for ultimate convenience. India is a key market for these advanced AI-driven living solutions. LG's manufacturing facilities are aligning with this…

The Economic Times · Jun 11

Why India is the centerpiece of LG's multi billion-dollar vision for the Global South

LG India growth strategy and consumer electronics market expansion: LG Electronics is targeting a significant revenue increase in India, Saudi Arabia, and Brazil by 2030. India is a crucial market, offering opportunities for both new buyers and upgrades. The company is adapting its products and manufacturing to meet local needs.…

The Economic Times · Jun 11

Global firms exploit India's IPO boom to take profits back to home countries

Foreign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raising new funds. This trend is driven by high stock valuations in India. This is causing significant capital outflows and impacting the Indian rupee. While some officials express concern,…

The Economic Times · Jun 4

Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives

South Korean tech giants Samsung Electronics and LG Electronics saw their shares surge on Monday. Hopes for AI and robotics collaborations with Nvidia CEO Jensen Huang fueled the rally. South Korea's semiconductor exports also hit a record high in June, driven by the AI boom. Huang's upcoming visit to meet…

The Economic Times · Jun 1

LG reportedly denies plans to sell TV business to Hisense, but there's probably still a display war coming that could impact the PC

Even though the part of LG that actually makes display panels wasn't implicated, China's industry is still coming...

PC Gamer · May 28