LG Electronics (LG) stories
LG Electronics posts record revenue of AUD $96.8 billion
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LG Electronics has achieved a record annual revenue of AUD $96.8 billion for 2024, bolstered by growth in home appliances and vehicle components despite a dip in operating profit.
LG acquires majority of Bear Robotics to boost AI robots
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LG Electronics has acquired a controlling 51% stake in Bear Robotics, enhancing its AI-driven robotics capabilities as part of a strategic growth initiative.
LG reveals AI innovations at CES 2025 for daily life ease
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At CES 2025, LG Electronics is unveiling its latest AI innovations, showcasing immersive experiences designed to enhance daily living at the Las Vegas Convention Center.
David Jackson takes charge as LG's UK Head of IT Sales
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LG Business Solutions has appointed David Jackson as UK Head of IT Solutions Sales, aiming to strengthen its market presence and drive growth.
LG unveils AI vision with Microsoft deal
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LG Electronics has unveiled its vision for AI in daily life, emphasising how Affectionate Intelligence transforms home, mobility, and commerce.
LG partners with Xbox to launch Gaming Portal on TVs
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LG Electronics has teamed up with Xbox to launch a Gaming Portal on select LG Smart TVs, granting access to hundreds of games via the Xbox app.
LG & will.i.am unveil AI-enhanced speaker range
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digital entertainment
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LG Electronics has launched a new series of AI-enhanced Bluetooth speakers in partnership with will.i.am, featuring smart sound tech and immersive experiences.
LG unveils world-first wireless OLED & AI-driven TVs
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digital entertainment
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LG Electronics has introduced its 2025 OLED evo television range, featuring the world's first true wireless model, designed for personalised home entertainment.
LG debuts innovative PF600U & CineBeam S projectors
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LG Electronics has unveiled two innovative projectors at CES 2025, the multifunctional PF600U and the compact CineBeam S, enhancing viewer experiences.
LG unveils innovative MX platform at CES 2025 in Vegas
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LG Electronics has debuted its LG Mobility Experience platform at CES 2025, merging smart home tech with automotive innovation to enhance mobility.
LG achieves Level 3 cybersecurity certification for cars
Mon, 9th Dec 2024
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LG Electronics has attained Level 3 Cybersecurity Management Systems certification from TÜV Rheinland, highlighting its commitment to automotive cybersecurity.
LG partners with Tenstorrent to enhance AI chip development
Thu, 14th Nov 2024
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LG Electronics is expanding its partnership with Tenstorrent to enhance AI chip development for home appliances and future mobility applications.
LG Australia appoints Virender Rana to boost HVAC growth
Tue, 12th Nov 2024
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LG Electronics Australia has appointed Virender Rana as Head of Business Air Solutions, aiming to double revenue and enhance its HVAC workforce by 33%.
LG Electronics posts record Q3 revenue despite challenges
Thu, 31st Oct 2024
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LG Electronics has achieved record third-quarter revenue of AUD $24.23 billion amidst ongoing global economic challenges.
LG Electronics ranks 97th in Best Global Brands 2024
Thu, 17th Oct 2024
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digital marketing
LG Electronics has soared in brand valuation, ranking 97th in Interbrand's Best Global Brands 2024 report, valued at USD$6.5 billion, up 38.7% year-on-year.
LG enters NZ HVAC market with smart air conditioners
Fri, 23rd Aug 2024
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smartphones
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smart home
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technology gifts
LG Electronics enters the NZ HVAC market with smart split system air conditioners, featuring ThinQ technology and Smart Inverter Compressors, in partnership with Corys Electrical.
LG Electronics outlines Future Vision 2030 at investor forum
Fri, 23rd Aug 2024
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digital transformation
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smart home
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power / energy
LG Electronics reveals ambitious Future Vision 2030 strategy, aiming to transform into a Smart Life Solution Company and achieve Triple Seven targets.
LG invests USD $10 million in SBVA’s Alpha Intelligence Fund
Thu, 22nd Aug 2024
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LG Electronics pledges USD $10 million to SBVA's Alpha Intelligence Fund, targeting AI and deep-tech startup growth and future business innovation.
LG Electronics sees record second-quarter revenue & profit
Tue, 6th Aug 2024
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financial results
LG Electronics posted record second-quarter revenue of KRW 21.69 trillion (USD $15.82 billion) and operating profit of KRW 1.20 trillion (USD $875 million).
LG expands smart factory initiative, targets multi-trillion KRW by 2030
Thu, 25th Jul 2024
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LG Electronics bolsters its smart factory solutions, integrating AI and digital transformation to enhance efficiency and expand its client base beyond the LG Group. PRI anticipates KRW 200 billion in orders.