LG Electronics

LG India jumps 53% in trading debut after US$1.3 billion IPO

The record-breaking market debut is driven by strong investor conviction in the company’s vision and fundamentals

The sovereign wealth funds of Abu Dhabi, Norway and Singapore and global money managers including BlackRock and Fidelity International participated in LG India’s anchor share sale before the start of bidding on Tuesday.

LG Electronics’ US$1.3 billion India IPO fully subscribed on first day

The share sale signals growing confidence that investor demand can absorb large issuances despite the headwinds facing the local stock market

LG Electronics says that it is conducting technical research on hybrid bonders for HBM, but the specific timing of mass production has not been confirmed.

LG Electronics shares jump on report of AI chip gear development

Other South Korean companies already making hybrid bonding equipment include Hanmi Semiconductor, Samsung Electronics’ Semes and Hanwha Vision’s Hanwha Semitech unit

Hyun Shin-gyoon, chief executive officer of LG CNS, strikes the drum during the company's listing ceremony at the Korea Exchange (KRX) in Seoul, South Korea, on Feb. 5.

South Korea’s top listing in years flops in debut as IPO fever cools

SOUTH Korea’s biggest new listing in more than two years got off to weak start as LG CNS fell on its Seoul trading debut after a 1.2 trillion won (S$934 million) initial public offering.

The IPO for LG Electronics India is valued at 152.4 billion rupees, as per a Moneycontrol report, ranking it among the top five in the country this year.

LG Electronics’ India arm files for IPO amid strong consumer durables demand

THE Indian unit of South Korea’s LG Electronics filed for an initial public offering (IPO) on Friday (Dec 6) to cash in on the country’s growing demand for consumer durables amid higher appetite for I...

LG Display said that the move is meant to better focus its business on its organic light-emitting diode (OLED) operations.

LG Display to sell stake in its Chinese LCD plant to TCL CSOT for 10.8 billion yuan

SOUTH Korea’s LG Display said on Thursday (Sep 26) it had agreed to sell its stake in its large liquid crystal display (LCD) plant in Guangzhou, China, to TCL’s LCD unit CSOT for 10.8 billion yuan (S$...

CEO William Cho has set a goal of growing the electronics business to an annual revenue of 100 trillion won by 2030.

LG Electronics weighs India IPO to help chase US$75 billion goal

LG ELECTRONICS is considering an initial public offering (IPO) for its India business, tapping a booming stock market to help hit a target of US$75 billion in electronics revenue by 2030.

Investors are watching the potential sale of LG Display’s LCD plant in Guangzhou, China, for additional financial stability.

LG Display shrinks quarterly loss on Apple, Olympics demand

SOUTH Korean flat-screen maker LG Display narrowed losses from a year earlier in the June quarter as shipments of new panels for client Apple and TV panels before the Olympics improved profitability, ...