The Business Times

LG Electronics

Telcos, Media & Tech

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

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.
Global Enterprise

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

Hong Ju-jeon, managing director of LG Electronics India Limited, speaks at a press conference announcing the company's IPO in Mumbai on Oct 1.
Telcos, Media & Tech

LG Electronics aims to make India a global manufacturing hub with local unit’s listing

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.
Telcos, Media & Tech

LG Electronics shares jump on report of AI chip gear development

LG plans to sell as many as 101.82 million shares.
Telcos, Media & Tech

LG kicks off roadshows for US$1.5 billion India IPO

Hyun Shin-Gyoon, chief executive officer of LG CNS Co., strikes the drum during the company's listing ceremony at the Korea Exchange (KRX) in Seoul, South Korea, on Wednesday, Feb. 5, 2025. LG CNS, the diversified technology-services unit of South Korea’s LG Group, got off to a weak start in its market debut in Seoul after completing its 1.2 trillion won ($821 million) initial public offering, the nation’s largest since 2022. Photographer: Jean Chung/Bloomberg
Capital Markets & Currencies

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

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.
Telcos, Media & Tech

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

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

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

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

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

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

LG Display shrinks quarterly loss on Apple, Olympics demand

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