LLG Electronics designs and sells a wide range of consumer electronics and home appliances, including mobile devices, televisions, audio gear, refrigerators, and washing machines, for homes and businesses. Its products blend hardware and software, with smart features, apps, and voice control to simplify daily tasks. Compared with competitors, LG leverages a long post-war heritage, broad product lines, global manufacturing, and a focus on design, energy efficiency, and user-friendly experiences. Its goal is to provide reliable electronics and appliances that help people improve everyday life 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 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.
LG Electronics Australia has added Pro:Centric Hub to its hospitality technology range. The built-in feature works on compatible LG Smart Hotel TVs running webOS 25 and webOS 26, and was shown at NoVacancy 2026 at ICC Sydney. It targets independent hotels and residential-style accommodation that don't need a full CMS-based TV system. Hotels need no CMS subscription or separate PMS integration. Hotels can set their own home-screen backgrounds and welcome messages, and offer a curated app selection. Guests can download more apps and cast content from their own devices using Google Cast. Where checkout runs through the built-in Hub PMS, guest credentials and downloaded apps are cleared for the next guest. "Not every hotel property needs or has the resources for a full CMS-based hotel TV solution," said Chris Wilson, sales general manager for information display at LG Electronics Australia. Larger operators can use LG Pro:Centric Cloud to manage multiple properties.
Apple has partnered with South Korea's LG Electronics on smart-home devices, Bloomberg reported. The products, including a doorbell and a thermostat, will carry the LG name. Apple will handle design and engineering, while LG will handle manufacturing and support. Apple is expected to unveil its smart-home push on October 13, led by a hub with a roughly 6-inch square screen that recognises who is speaking. A new HomePod mini and Apple TV box are also expected. The LG products will likely reach consumers at least a few months after Apple's own devices. Apple has used this approach before with Belkin and Logitech. The push follows delays tied to Siri's AI upgrade. Wearables, Home and Accessories was Apple's slowest-growing segment last quarter, up 6% to $7.9 billion, or about 7% of total revenue of $109.4 billion.
LG Electronics is supplying six advanced in-cabin solutions for Genesis' first full-size flagship SUV, the GV90. The suite includes a 24.6-inch variable popup display system, the first of its kind in a Genesis model, which adjusts its position and viewable area for different scenarios. The package also features LG's integrated infotainment system for Pleos Connect, and the Automotive Content Platform (ACP), offering streaming services including Netflix, Disney+, and YouTube. New additions like Zoom, Rakuten TV, and HappyKids are planned. Rear-seat features include the second-generation connected car Rear Cockpit (ccRC) entertainment system with a 13.2-inch OLED panel, an eight-inch console touch screen, and CCU 2.0 connectivity unit. The CCU 2.0 has received TÜV Rheinland certification for ASIL-D compliance under ISO 26262 automotive safety standards.
LG Electronics reported preliminary third-quarter operating profit of 781.80 billion won ($584.4 million), missing analyst expectations by roughly 24% and sending shares down more than 9%. The result marked a 13.5% year-over-year gain, while revenue climbed 8.9% to 23.827 trillion won. Analysts had expected operating profit of 1.028 trillion won. LG attributed the weaker performance to geopolitical instability and macroeconomic volatility. Despite the miss, its home-appliance, vehicle-component, and TV units each turned a profit. LG stock has nonetheless more than doubled in value in 2026, buoyed by its push into artificial intelligence. The company this week secured a contract to supply cooling systems for AI data centres in the United States and is collaborating with Nvidia on a humanoid robot slated for first-quarter 2027 debut.
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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