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lg electronics inc-regs gdr (LGEJY) Details

LG Electronics Inc. manufactures and sells consumer electronics, mobile communications, and home appliances worldwide. The company offers home appliances and air solutions, including refrigerators, washing machines, dishwashers, cooking appliances, vacuum cleaners, built-in appliances, air conditioners, air purifiers, and dehumidifiers. It also provides home entertainment products, such as TVs, audio and video products, monitors, PCs and accessories, and commercial products; G, V, and F series mobile communication products; and vehicle components comprising in-vehicle infotainment, HVAC and motor, and vehicle engineering components. In addition, the company offers commercial display solutions, solar solutions, energy storage systems, energy management solutions, membranes, stylers, lighting products, and compressors and motors. It sells its products under the LG brand name. The company was formerly known as GoldStar and changed its name to LG Electronics Inc. in 1995. LG Electronics Inc. was founded in 1958 and is based in Seoul, South Korea.

Founded in 1958

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lg electronics inc-regs gdr
LG Announces Aggressive Expand of Market Reach of Advanced Dryer in 2019

LG Electronics announced that it is committed to expanding the reach of its advanced DUAL Inverter Heat Pump dryer to 50 markets in 2019, greatly increasing availability of this popular appliance worldwide. With energy efficiency and airborne particulate management becoming more and more important world over, new dryer technologies are being embraced by consumers in both developed as well as emerging markets. LG's new DUAL Inverter Heat Pump dryer with Auto Cleaning Condenser are expected to meet and exceed the expectations of consumers in North America, Asia, Europe and the Middle East, regions where LG home appliance products already have strong brand recognition. LG's advanced dryer incorporates the company's DUAL Inverter Heat Pump to deliver efficient and effective drying that now a days consumers desire. The pump employs two cylinders that work simultaneously to compress the refrigerant, enabling the appliance to achieve faster drying times, enhanced performance and a stellar energy efficiency rating of A+++-10%. And because the DUAL Inverter Heat Pump dryer operates at a lower temperature than most, it is gentler on clothes and minimizes shrinkage. In addition to greater efficiency and results, the LG dryer offers more convenience with its Auto Cleaning Condenser feature. One of the most annoying aspects of now a days is dryers is the amount of lint, dust and fibers that accumulate on the condenser, blocking proper air circulation and increasing energy consumption. The LG DUAL Inverter Heat Pump dryer uses powerful jets of water to remove lint and dust from the condenser automatically, making regular manual cleaning a thing of the past.

LG Electronics Inc. Presents at Regional Tech Conference - Korea Tech Tour, May-22-2019 02:15 PM

LG Electronics Inc. Presents at Regional Tech Conference - Korea Tech Tour, May-22-2019 02:15 PM. Venue: Seoul, South Korea.

LG Electronics Inc. Reports Consolidated Earnings Results for the First Quarter of 2019

LG Electronics Inc. reported consolidated earnings results for the first quarter of 2019. For the quarter, the company reported Sales of KRW 14,915.1 billion against KRW 15,123.0 billion a year ago. Operating Income was KRW 900.6 billion against KRW 1,107.8 billion a year ago. Net income was KRW 578.0 billion against KRW 729.9 billion a year ago.

 

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