News for LG Electronics Inc. (066570.KS)

PR NewswireNEW YORK, March 4, 2025 NEW YORK, March 4, 2025 /PRNewswire/ -- Kasowitz Benson Torres, on behalf of ParkerVision, Inc. (OTCQB:PRKR), a leader i

Aggressive pricing, AI-enabled products, and export strategies have driven Samsung and LG's financial performance in India to see over 10% yoy sales growth in 2024. Both companies reported significant profit increases, despite India's subdued electronics market due to high inflation impacting consumer spending.

LG Corp's Chairman & CEO visits India ahead of IPO, reviewing subsidiary's performance and discussing future investments.

The company conducted a roadshow in Mumbai for its IPOs, which may raise up to $1.5 billion

LG Electronics Inc. has started roadshows to meet potential investors in the initial public offering of its Indian unit, people familiar with the matter said. The South Korean company has recently kicked off the process as it moves forward with the listing plans, the people said, asking not to be identified because the matter is private. LG plans a Mumbai IPO this year, Bloomberg News has reported previously.

LG Corp chairman Kwang Mo Koo plans to visit India to finalize the IPO of LG Electronics India, valued at ₹15,000 crore, around April-May. He will also explore new investment opportunities in manufacturing displays and components. This will be the first business trip by LG's top boss in a decade.

While last years impressive rally in Indian shares has lost momentum, with the Nifty 50 experiencing its worst monthly losing streak since 2001 amid concerns over slowing economic and earnings growth, demand for new equity offerings remains strong. The securities regulator is currently processing over 60 IPO applications, indicating continued investor interest.

Consolidated Sales: KRW22.76 trillion in Q4 2024.Operating Profit: KRW135.4 billion in Q4 2024.Net Loss: KRW713.7 billion in Q4 2024.Cash Flow from Operating A

Jan 23, 2025 / 07:00AM GMTOperator Good afternoon. Welcome to LG Electronics quarterly earnings conference call. This conference call will start with a presenta

Billionbrains Garage Ventures Pvt. Ltd. has picked banks including JPMorgan Chase & Co. and Kotak Mahindra Bank Ltd. for a potential Mumbai initial public offering, according to people familiar with the matter.

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Indian manufacturing and logistics firm Zetwerk Pvt has picked banks for a potential Mumbai initial public offering that could raise at least $500 million, according to people familiar with the matter.

Indian manufacturing firm Zetwerk Pvt is planning an initial public offering in Mumbai, aiming to raise at least $500 million. The company is working with several banks and could be valued at around $5 billion. Zetwerk aims to list this year and is backed by investors including Peak XV Partners and Lightspeed India Partners.

LG CEO OUTLINES 2025 STRATEGY FOR STRUCTURAL COMPETITIVENESS AND QUALITATIVE GROWTH

PR NewswireLAS VEGAS, Jan. 6, 2025 Company Showcases Future of AI-Powered Customer Experiences Through CEO Keynote and Immersive Storytelling LAS VEGAS, Ja

Dipping into the 20s: With local temperatures predicted to drop into the 20s, the National Weather Service has issued a cold weather advisory for Monday and Tuesday nights for south Louisiana. “If you absolutely hate the cold, the next week and honestly much of the month will not be a welcome sight. Through at least […]

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