LG Forecast to See Record Sales in Q4 on Strong Home Appliance Business
LG Electronics has estimated that its fourth-quarter sales reached a record quarterly high, apparently backed by its strong home appliance business…
LG Strengthens Network in Mumbai with New Brand Shop
Continuing with its commitment to re-define retailing standards in the Indian consumer durable industry, LG Electronics has opened its 38th brand…
LG India starts open cell manufacturing of TV at Pune plant
Consumer durable company LG India has started open cell manufacturing of televisions in India at its Pune facility with two models and plans to…
LG names fourth-generation heir Koo Kwang-mo as new CEO
Koo Kwang-mo, the son of family-controlled conglomerate's late chairman Koo Bon-moo, became a board member of the holding firm and its CEO, marking…
Explore Upcoming Events And New Age Agendas
  • IReC 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Launched in 2014, the Industry of Retail & eCommerce Summit has seen many years of growth, evolution and transition.

  • D2C INDIA 2024
    29-30 Apr, Hotel Sheraton Grand, Bengaluru

    Setting in Motion the New Commerce Revolution as the biggest and widest D2C community will gather in 2024.

  • Franchise India 2024 Delhi
    18-19 May, (IICC) India International Convention and Expo Centre, Delhi, India

    Meet 500+ franchisors across diverse industries, network with 40,000+ verified buyers, and gain insights from the startup community.

  • India EV Show
    29-30 June, Hall No. 3, Chennai Trade Centre, Chennai

    The INDIA EV SHOW's 4th edition is a Premier Show & Exhibition, sparking innovation and forging connections between emerging Startups and established heavyweights in the electric mobility arena.

  • FROEXPO Chennai
    29-30 June, Hall No. 2, Chennai Trade Centre, Chennai

    India’s premier and most trusted Business & Tradeshow is back in Chennai to provide a platform for highly evolved prospects, qualified investors, entrepreneurs from across India, neighbouring countries and delegations from other parts of the world.

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LG Electronics Claims Unexpected Q1 profit Rise Of 20%
Beating the market prediction, South Korea Electronics maker LG Electronics Inc is expecting quarter operating profit to rise 20 per cent from…
LG India Aims To Sell 12 lakh ACs This Year
Consumer durable company, LG Electronics India, aims to sell more than 12, 00,000 units of air conditioners this year, a 50% increase from last…
LG Electronics Shares Fall In Q4
South Korea's LG Electronics Inc estimated a fourth-quarter operating profit that fell short of market expectations, which analysts attributed to…
LG Tweaks Top Deck To Increase growth
The country’s largest white goods maker LG India has rejigged its senior management team and tweaked its sales structure in a bid to boost sales by…
LG Electronics India expects 20% rise in sales this year
LG Electronics India aims staggering 20% growth in sales in the current year, which will be higher than industry growth of consumer durables. In a…
LG collaborates with Paytm Mall to bring over 650 brand stores online
Consumer durables brand, LG Electronics, has partnered with Paytm Mall to bring its 650 brand stores online, marking the Korean firm’s entry into…
GST Impact: Buying a TV would now cost more
Consumers will now have to pay more to purchase TV or related appliances as manufacturers have begun raising prices to account for GST. According to…
Akai aims to have Rs 1,500-2,000 crore sales in next four years
Consumer electronic brand Akai, which has re-entered the Indian market through its licensee Hometech Digital, is aiming to have around Rs 1,500-2,…
Akai ties up with a local Indian electronics distributor
Japanese consumer brand Akai has re-entered the Indian market and has tied up with a local Indian electronics distributor to begin sales. The…
LG launches "No cash, No worries" campaign to fight cash crunch problems
Electronics giant LG has launched its campaign on fighting with the cash crunch going on around the country. The campaign is named as "No cash, No…
Allahabad High Court rejects petitions filed by LG against I-T notice
ALLAHABAD: Allahabad High Court has set aside a bunch of petitions filed by LG Electronics India Pvt Ltd challenging the "validity and legality" of…
LG to launch India specific products in home appliances
By PTI Seoul: Korean consumer electronics major LG plans to launch India specific products in the home appliances…
LG to grow AC business
LG Electronics is aiming for a 25 per cent growth in its revenue from the air- conditioning business. In addition, this Korea-based player is…
LG aims to broaden smartphone range
LG Electronics Inc aims to broaden its range of smartphones to boost the market share as company eyes to retake the position of world's third-…
Reactions to vote on account
Consumer durable manufacturers have welcomed the government’s decision to lower excise duty on products in this segment to 10 per cent. Soon Kwon,…
Verma resigns from LG
YV Verma, Director of Home Appliances Business at LG India has resigned from his post marking the exit of almost all senior officials of the…
LG plans 600 stores
  One of world’s leading CDIT player, LG is planning to open around 600 new retail stores in various emerging markets, including India, the Middle…