LG Electronics Inc - Company Profile
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Business Description
LG Electronics Inc (LG Electronics) is a electronics company primarily engaged in the manufacturing and selling of home appliances, consumer electronics, and vehicle components. The company provides refrigerators, washers, dryers, and vacuum cleaners, as well as components like compressors and motors, AI TVs, smart monitors, audio systems, and the webOS smart TV platform.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
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R&D Overview
LG Electronics focuses on developing innovative creations globally. The company is committed to providing electronic products that enhance the quality of life for its customers. It focuses on strengthening its vehicle component solutions business through research and development initiatives. It also focuses on expanding its capabilities and developing cutting-edge, next-generation mobility solutions. The company has sales offices, manufacturing and production plants, and research and development facilities in across the globe. In FY2025, the company incurred expenses of KRW2,776,637 million on R&D activities, which as a percentage of revenue, stood at 3.1%.
Business Segments
- Eco Solution (ES)
- Home Appliance Solution (HS)
- Innotek
- Media Entertainment Solution (MS)
- Other Segments
- Vehicle Solution (VS)
- Other segments
Overview
manufacturing and selling HVAC products, including residential and commercial air conditioners. It serves industries related to air solutions and clean-tech for sustainable environments. key brands associated with this segment include LG's HVAC and B2B clean-tech solutions.
Performance
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Overview
manufactures and sells home appliances such as refrigerators, washing machines, vacuum cleaners, and other kitchen and living appliances. It serves the consumer electronics industry. key brands associated with this segment include LG InstaView, UVnano, AI Direct Drive, and CordZero.
Performance
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Overview
Manufactures and sells optics solutions, substrate materials, and automotive components industries. It serves sectors requiring camera modules, substrate materials, motors, and sensors.
Performance
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Overview
manufacturing and selling TVs, monitors, PCs, and information displays. It serves industries related to consumer electronics and commercial displays. The segment is powered by the webOS platform. key brands associated with this segment include LG's AI TV and webOS smart TV platform.
Performance
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Overview
Involved in equipment production and others.
Overview
offers products like in-vehicle infotainment (IVI), EV powertrains, automotive lighting, head units, displays, telematics, and advanced driver assistance systems (ADAS). It serves the automotive industry.
Performance
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Performance
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Geographical Segments
Target Markets
the US, Canada, Mexico, Argentina, Colombia, Brazil, Honduras, Chile, Panama, Peru, Venezuela, Panama, and Guatemala
Performance
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Target Markets
Australia, Bangladesh, India, Korea, Malaysia, Philippines, Indonesia, Japan, Singapore, Sri Lanka, Taiwan, Thailand, Vietnam, and South Africa
Performance
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Target Markets
Austria, France, Germany, Greece, Spain, Sweden, Hungary, Italy, the Netherlands, Poland, Portugal, Romania, the UK.
Performance
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Target Markets
Entire South Korea
Performance
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