Lg Electronics News - Latest Updates & Headlines
LG ready for US production expansion amid tariff concerns: CEO
Seoul, March 25: LG Electronics Chief Executive Officer (CEO) Cho Joo-wan said on Tuesday his company is fully ready to expand production facilities in the United States as a way to deal with Washington's tariff policies.
LG Electronics India gets SEBI nod for IPO, to raise funds via offer for sale
New Delhi, March 18: LG Electronics India Limited on Tuesday announced that it has received approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO) which is expected to be around Rs 15,000 crore.
LG Electronics bets big on India market ahead of its mega IPO
New Delhi, Feb 17: After Hyundai Motor India Ltd (HMIL), the Indian subsidiary of Hyundai Motor Company, listed on the Indian stock market in a landmark Rs 27,856 crore initial public offering (IPO), another South Korean giant LG's India arm is all set for its mega IPO.
South Korean firms brace for impact from Trump tariffs on Canada, Mexico
Seoul, Feb 2: South Korean companies are working to devise measures to minimise the impact from the United States' decision to impose high tariffs on goods imported from Canada and Mexico, officials said on Sunday.
LG Electronics Q4 loss deepens on FX translation losses
Seoul, Jan 23: LG Electronics, South Korea's leading home appliance maker, said on Thursday its fourth-quarter net loss deepened from a year earlier as a weak won pushed up foreign exchange translation losses.
24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights
New Delhi, Jan 20: With as many as 24 beneficiary companies committing an investment of Rs 3,516 crore in the third round, the government's production-linked incentive (PLI) scheme is poised to significantly boost the production of components of ACs and LED lights across India, according to a Commerce and Industry Ministry statement on Monday.
2025 likely to be another record-breaking year for IPOs in India
New Delhi, Jan 11: Driven by strong fundamentals and resilient economy, the Indian equity markets are likely to see another record-breaking year for initial public offerings (IPOs), according to reports.
LG Electronics eyes India's market potential with planned $1.3 billion IPO
Las Vegas, Jan 9: LG Electronics’ CEO Cho Joo-wan has said that the huge business potential in the Indian market is what drove the company to pursue an initial public offering (IPO) in the country.
LG Electronics' operating profit drops 53.2 pc in Q4
Seoul, Jan 8: LG Electronics, South Korea's leading home appliance maker, on Wednesday estimated its fourth-quarter operating profit decreased more than 53 percent from a year earlier due to global economic uncertainties.