LLG Electronics is a global electronics company that designs and sells a wide range of consumer electronics and home appliances, including mobile devices, televisions, audio systems, refrigerators, and washing machines. Its products combine hardware and software and often include smart features that can be controlled via apps or voice assistants. The company differentiates itself through a broad product lineup, energy efficiency, and user-friendly design, backed by a long post-war heritage and international scale. Its goal is to be a leading global provider of reliable, easy-to-use electronics and home appliances that improve daily life for people around the world.
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Seoul, South Korea
Founded
1958
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Total Funding
$1.3B
Above
Industry Average
Funded Over
3 Rounds
LG Electronics has earned its first ISO 26262 Automotive Safety Integrity Level D (ASIL D) product certification, for the central gateway system it developed as the central communication unit 2.0 for the Genesis GV90. TÜV Rheinland awarded the certification, the first ASIL D product certification it has issued in this category. ASIL D is the highest level under ISO 26262. TÜV Rheinland assessed LG's development processes, design documentation, and verification results. The certification follows LG's ISO 26262 process certification in 2017 and ASIL B product certification in 2021. LG expects it to strengthen automakers' confidence and its competitiveness in future vehicle platform programs. The company says the expertise applies to next-generation communication control systems, gateways, and domain controllers.
LG Electronics reported third-quarter revenue of $16.75 billion and operating profit of $549.89 million on November 2. Growth in home appliances and vehicle solutions, along with better TV results, helped drive the figures. For the first nine months of 2026, revenue reached $50.2 billion and operating profit totalled $2.83 billion. All four of LG's main business units stayed profitable. Its vehicle solutions unit posted record third-quarter revenue and operating profit. The media and entertainment unit improved on a year earlier. Cumulative orders for AI data centre cooling solutions topped $2.11 billion through the third quarter. LG is investing another $154.72 million to expand production capacity, following an October supply agreement to grow the business in North America.
LG Electronics posted a third-quarter operating profit of $587 million. For the first nine months of 2026, operating profit rose 55.9% year on year to 4 trillion won ($3.02 billion). Cumulative orders for AI data centre cooling solutions topped 3 trillion won ($2.25 billion) through the third quarter. The lineup controls temperature and humidity, and includes chillers and other heating, ventilation, and air conditioning equipment. LG is investing a further 220 billion won ($165 million) to upgrade production sites and expand capacity, including in the US. It also announced a US factory to produce chillers for AI data centres.
LG Electronics is showing its full commercial laundry range at EXPODETERGO International 2026, held October 23–26 in Milan, Italy. The company wants to win more dealers and grow its business-to-business presence in Europe. It is presenting mass-produced models from its Professional Laundry lineup for the first time, along with its Wet Cleaning solution, making its European debut. Wet Cleaning uses water and special detergents as an alternative to dry cleaning. LG is also promoting its LaundryCrew app and Open API for remote monitoring and management. In August 2026, LG won an order from Germany-based distributor SCHILLING Wäschereitechnik GmbH, with deliveries under way. LG also has distributors in the UK, France, Italy, and Hungary.
LG Electronics is showing what it calls the world's first integrated V2X-V2N safety platform aligned with Euro NCAP cooperative safety scenarios. It is presenting the system at the 2026 Intelligent Transport Systems (ITS) World Congress, held October 19 to 23 in Gangneung, South Korea. The Soft V2X platform combines direct vehicle-to-everything (V2X) communications with cloud-based vehicle-to-network (V2N) connectivity. In live road demonstrations from October 20 to 22, it warns of hazards at blind intersections and detects approaching pedestrians and cyclists. LG is also joining Toyota and regional ITS associations in a joint declaration to promote cooperative safety technologies and a zero-accident society. "Reducing traffic accidents requires more than improving the safety performance of individual vehicles," said Lee Sang-yong, head of the VS R&D Laboratory at the LG Vehicle Solution Company.
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Industries
Company Size
10,001+
Company Stage
IPO
Headquarters
Seoul, South Korea
Founded
1958
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs