LG Electronics
2025.10.21
13:07
LG Electronics will jointly develop a next-generation flight simulator using micro-LED technology with Korea Aerospace Industries (KAI).
2025.08.01
18:10
Zhiyuan Robotics completes a new round of strategic financing
On August 1st, Zhiyuan Robotics announced that it had recently completed a new round of strategic financing, jointly invested by LG Electronics and Mirae Asset. This is LG Electronics' first global investment in the embodied intelligence sector.
2025.07.25
13:26
LG Electronics' second-quarter revenue was 20.735 trillion won, compared with 21.694 trillion won in the same period last year, and its net profit was 609.7 billion won, compared with 629.5 billion won in the same period last year.
2025.05.08
21:26
LG Electronics starts construction of third manufacturing plant in India and will invest about $600 million in the next four years
LG Electronics India announced on May 8 that it has started construction of its third manufacturing plant in the country. The plant in Andhra Pradesh will produce a variety of products such as refrigerators, washing machines and air conditioners and is expected to be put into production next year. The statement said that LG Electronics plans to invest about US$600 million in the next four years to attract supporting companies to settle in the region, thereby creating a white goods manufacturing ecosystem in Andhra Pradesh.
2025.04.21
19:19
South Korea's LG Electronics and Samsung are suing the Indian government over e-waste pricing rules, the documents show.
2025.04.14
09:02
Market news: LG Electronics seeks to expand its home appliance product line in the United States.
2025.04.07
12:04
According to the Wall Street Journal: LG Electronics expects its first-quarter operating profit to fall 5.7%, which is basically in line with market expectations, and its revenue is expected to maintain steady growth.
2025.03.25
07:00
According to South Korea's Daily Economic News: South Korea's LG Electronics has resumed production lines at some factories in Russia.
07:00
South Korea's LG Electronics resumes production at some factories in Russia
South Korea's LG Electronics has resumed production lines at some of its factories in Russia.
2025.02.27
16:28
Agency: Chinese TV brands will surpass South Korea in shipments for the first time in 2024, catching up with Samsung and surpassing LG Electronics in the high-end market
According to data released by market research firm CounterPoint Research on February 27, the global TV market brand shipments in 2024 will be 230 million units, a year-on-year increase of 2%. Looking at the fourth quarter alone, global shipments were 61 million units. From the perspective of manufacturer performance, Samsung Electronics ranked first with a 16% share, followed by Chinese TV brands TCL and Hisense, with shares of 14% and 12% respectively. LG Electronics ranked fourth with 10%. Samsung Electronics' shipment share in the high-end market in the fourth quarter was 29%, a year-on-year decrease of 12 percentage points. LG Electronics fell from 26% to 19%. On the contrary, TCL increased from 12% to 20%, surpassing LG Electronics and ranking second. Hisense also increased from 10% to 16%, closely following. On the other hand, China's TV shipments exceeded South Korea for the first time in 2024. According to data from market research firm Omdia, the combined shipment share of China's three major TV brands, TCL, Hisense and Xiaomi, reached 31.3%, exceeding the 28.4% of Samsung Electronics and LG Electronics.
2025.02.24
14:40
Agency: Hisense, TCL, and Xiaomi TV combined shipments surpass Samsung and LG for the first time
Data released by market research firm Omdia shows that by 2024, the combined shipments of Chinese TV brands Hisense, TCL, and Xiaomi will account for 31.3% of the global market, surpassing Samsung Electronics and LG Electronics' 28.4% for the first time. In terms of sales, although Samsung Electronics has ranked first in the global TV market for 19 consecutive years and LG Electronics has ranked first in the global OLED TV market for 12 consecutive years, the gap in China is narrowing.
2024.12.16
15:18
LG said to raise IPO valuation of India business to $15 billion
South Korea's LG Electronics has raised the IPO valuation of its Indian business to $15 billion, according to Bloomberg.
2024.12.03
08:20
AI chip startup Tenstorrent receives $700 million investment, Bezos joins
According to the Securities Times, AI chip startup Tenstorrent received $700 million in investment, with a valuation of $2.6 billion, aiming to challenge Nvidia's leadership in the AI chip market. The company plans to develop affordable GPU alternatives, using open source technology and common components to avoid high-cost components to improve cost efficiency. Tenstorrent is led by "Silicon Valley chip legend" Jim Keller, who has held important positions in companies such as Apple, Tesla and AMD, and is committed to developing AI chips that break Nvidia's monopoly. Bezos' investment company Bezos Expeditions, LG Electronics and Fidelity participated in the investment, and are optimistic about the development of AI technology.
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Weekly Highlights
Southbound funds saw a significant net inflow of 5.345 billion yuan today. On the Shanghai side of the Hong Kong Stock Connect, Pop Mart and CNOOC saw net inflows of HK$538 million and HK$529 million, respectively, while Hua Hong Semiconductor saw the largest net inflow of HK$356 million. On the Shenzhen side of the Hong Kong Stock Connect, Meituan-W and CNOOC saw net inflows of HK$487 million and HK$451 million, respectively, while Hua Hong Semiconductor saw the largest net inflow of HK$659 million.

2025-10-23

Hongxin Electronics: Exclusively provides a full set of circuit board solutions for Xiaomi Iron Egg Robot

2025-10-24

The memory chip sector rose again, with Yachuang Electronics rising more than 10%.

2025-10-21

Amazon Web Services confirmed that global services and features dependent on the US East Region 1 have been restored.

2025-10-20

Market news: Amid concerns about an AI bubble, the Bank of England is investigating data center lending.

2025-10-24

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