Quantcast
Jump to content

Recommended Posts

Posted

Strong Performance in Home Appliance and Vehicle Solutions Drives
Second-Highest Third-Quarter Revenue in Company History

LG-Twin-Towers_v2-600x405-1.png

SEOUL, Oct. 31, 2025 — LG Electronics Inc. (LG) today announced consolidated revenue of KRW 21.87 trillion and operating profit of KRW 688.9 billion for the third quarter of 2025.

The Home Appliance Solution (HS) Company and Vehicle Solution (VS) Company delivered strong performances despite external challenges such as U.S. tariffs and a slowdown in the electric vehicle (EV) market. These results reflect LG’s ongoing transformation of its business portfolio and commitment to qualitative growth, encompassing B2B solutions such as vehicle and HVAC systems, expanding non-hardware businesses like subscriptions and webOS, and innovative direct-to-consumer business models.

In the third quarter, LG’s B2B revenue grew 2 percent year-on-year to KRW 5.9 trillion, while revenue from appliance subscription services reached KRW 700 billion, up 31 percent year-on-year.

Q3 2025 Results & Outlook by Company

LG Home Appliance Solution (HS) Company
The HS Company reported revenue of KRW 6.58 trillion and operating profit of KRW 365.9 billion. Growth was driven by a successful two-track strategy targeting both premium and mass-market segments, alongside continued expansion in subscription and online businesses. Production site optimization and operational efficiency improvements helped offset much of the U.S. tariff impact, resulting in higher year-on-year profitability.

Looking ahead to the fourth quarter, the global home appliance market is expected to remain challenging due to sluggish demand recovery and intensified competition. The Company plans to continue expanding its subscription and online businesses and maintain focus on furthering its qualitative growth efforts. It will also pursue cost structure enhancements and fixed cost reductions to improve profitability year-on-year.

LG Media Entertainment Solution (MS) Company
The MS Company recorded revenue of KRW 4.65 trillion and an operating loss of KRW 302.6 billion in the third quarter. Profitability was impacted by increased marketing investments to address intensifying competition and one-time expenses related to voluntary retirements.

The Company remains focused on improving operational efficiency and profitability in its TV business while expanding the webOS platform through advancements in advertising and content diversification. It also plans to strengthen its presence in Global South markets, where demand remains relatively resilient.

LG Vehicle Solution (VS) Company
The VS Company recorded revenue of KRW 2.65 trillion and operating profit of KRW 149.6 billion. Revenue reached an all-time third-quarter high, while operating profit achieved the highest quarterly level since the Company’s establishment. The operating profit margin exceeded 5 percent for the first time.

While external factors such as changes to U.S. EV subsidy policies may present short-term challenges in the fourth quarter, the Company aims to maintain stable profitability through ongoing product mix optimization, cost structure improvements and efficiency initiatives.

LG Eco Solution (ES) Company
The ES Company reported revenue of KRW 2.17 trillion and operating profit of KRW 132.9 billion. Revenue increased slightly year-on-year, supported by stronger domestic sales and continued growth in subscription and online businesses. Operating profit declined modestly due to expanded investments.

The Company plans to strengthen growth momentum through region-specific product launches and explore new opportunities in commercial HVAC systems and industrial and power generation chillers. It has recently secured a series of AI data center cooling solution contracts across North America, Latin America, the Middle East and Asia, demonstrating tangible progress. The Company aims to use these projects as strategic references to further expand its market presence. In parallel, it is preparing for the commercialization of next-generation liquid cooling solutions for data centers and broadening partnerships to advance immersion cooling technologies.

# # #

link hidden, please login to view

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Popular Now

  • Similar Topics

    • By News Reporter
      Every year, Design Week Mexico brings together top architects and interior designers to reimagine one of the country’s historic homes into the “Design House” – turning staid spaces into stunning showcases of sophistication and style. For 2025, both we (LG) and our ultra-premium built-in kitchen appliance brand, SKS, were named the exclusive home appliance brand partners for this landmark exhibition.
      Under the theme of “Korean Precision with Mexican Soul,” we presented an elegant, real-world demonstration of how the warmth of Mexican craftsmanship can harmonize with our stylish, technology-driven solutions. Each space reflected our belief that thoughtful innovation can elevate modern design and meaningfully enhance how people live.
      A Journey Where Design Meets Technology
      Design House lies at the heart of Design Week Mexico, uniting creative talent to reinterpret everyday spaces. This year, we collaborated with four celebrated Mexican designers – Sebastián Ángeles, Guillermo Hernández, Juan José Nemer and Victoria Plascencia – to reimagine a traditional home through fresh artistic expression and future-ready livability.
      Each finished room told its own compelling story with the common thread of “design meeting technology” woven throughout the entire house, and the sublime blend of Mexico’s rich cultural heritage and LG’s cutting-edge innovation visible in every space.

      Reinterpreting the Bathroom: Ancient Rituals Meet Modern Wellness
      Designer
      link hidden, please login to view transformed the bathroom into a contemporary Temazcal – a modern tribute to the traditional Mesoamerican sweat lodge used for purification and healing. His immersive installation blended light, sound and scent to evoke a sense of renewal. At the center stood LG Styler, symbolizing purification while adding contemporary sophistication to the space. “LG Styler is an innovative object that lets people refresh their clothes and feelings without any worries about odors or allergens,” said Ángeles.
      The result was a seamless balance of pre-Hispanic aesthetics and futuristic minimalism, reshaping the bathroom into a personal sanctuary where wellness and premium design coexist.

      Redefining Everyday Chores: The Laundry Room as a Space of Joy
      With his signature mosaic craftsmanship, reimagined the laundry room as an uplifting, design-driven environment. His reinterpretation encouraged visitors to reconsider laundry as not just a task, but a space that can spark delight.
      At the center of the concept was the LG WashTower, whose unified washer-dryer configuration saves space while delivering intuitive convenience. “The LG WashTower served as the centerpiece, helping to turn what is so often a neglected corner of the home into an uplifting place that people genuinely enjoy spending time in,” Hernández noted.
      Through refined geometric inspiration and a calming color palette, the once-ordinary laundry area became a modern, functional and aesthetically enriched space. At the same time, the WashTower features an all-in-one configuration combining a washer and dryer stacked together, efficiently saving space for practical use.

      Connecting Tradition and Modernity: The Kitchen as the Heart of the Home
      Under the direction of Juan José Nemer, the kitchen served as an inspired bridge between Mexico’s heritage and the vibrancy of its contemporary lifestyle. Drawing on the concept of Casa Piedra, the space merged future-focused technology with a rich sense of nostalgia, creating an ideal environment for warm family moments and entertaining guests.
      SKS built-in appliances, including the latest refrigerator and oven, feature minimalist exterior panels and refined finishes that contribute to a seamless and elevated kitchen interior. Its captivating design inspired the aesthetics of the whole kitchen space, inviting visitors to see, touch and interact with the SKS products in person.
      “Frequently, there’s a moment of surprise when you open the door of an SKS product, as people often don’t realize they’ve been looking straight at an appliance the whole time,” said Nemer, noting the subtlety of SKS’s design, and the seamlessness with which each appliance blends in with the rest of the kitchen.

      A Place to Connect: SKS “Aura Space” on the Terrace
      On the Design House terrace, Victoria Plascencia’s Aura Space offered a serene setting for gatherings, reflecting the growing importance of outdoor areas as natural extensions of the home. Equipped with the SKS wine cellar and SKS dishwasher, the terrace demonstrated how performance and aesthetics can coexist beautifully.
      The SKS wine cellar, capable of storing up to 113 bottles across three temperature zones, allowed Aura Space guests to enjoy premium wine and a memorable lifestyle experience, while the SKS dishwasher delivered optimal cleaning performance adapted to local water conditions – all within a sleek, minimalist design that added to the space’s ambiance and appeal.
      Through this collaboration with Mexico’s design community, we reaffirmed our role as a lifestyle trend leader and our commitment to delivering solutions for a Better Life for All. LG and SKS home appliances stand not only as high-performance tools, but as design-forward companions that enrich everyday living and seamlessly complement modern spaces.
      # # #

    • By News Reporter
      As the Official Home Appliance Partner, SKS Captivates
      Visitors With a Stunning Showcase of Elegant Built-In Kitchen Solutions

      SEOUL, Nov. 7, 2025 — LG Electronics (LG) showcased its ultra-premium built-in kitchen appliance brand, SKS, at Design Week Mexico 2025, one of Latin America’s largest design festivals. As the exclusive home appliance brand partner of this year’s event, SKS successfully elevated its brand presence in the region, reaffirming its leadership in the global luxury built-in market.
      At Design House, the flagship exhibition of Design Week Mexico, visitors were invited to experience the full SKS lineup of ultra-premium built-in kitchen appliances, including the SKS refrigerator, freezer, oven, cook top, wine cellar and dishwasherAlso on display were LG’s premium home appliances, such as the InstaView MoodUP refrigerator, QuadWash® dishwasher, WashTower laundry solution and Styler clothing care system.
      Design House transforms iconic local mansions and historic buildings into creative design spaces, each designed through collaboration between leading global architects, interior designers and brands. Spanning approximately 1,126 square meters, this year’s exhibition presented visitors with diverse, trend-forward inspiration for designing refined living environments.
      Held under the theme “Designed in Mexico,” the 2025 edition of Design Week Mexico celebrated the artistry and craftsmanship of Mexican design. Reflecting this spirit, SKS’s exhibition theme, “Korean Precision with Mexican Soul,” captured the harmony between SKS’s stylish, technologically-advanced design philosophy and the warmth and creativity of Mexican craftsmanship. The Design House exhibition, which ran until November 2, drew strong interest from professional designers, students and the general public alike.
      By expanding direct engagement with customers across the globe, SKS continues to strengthen its reputation as a specialist built-in brand and its position in the premium appliance market. Earlier this year, SKS served as the exclusive home appliance sponsor of the Food & Wine Classic 2025 in Aspen, Colorado – an event attended by more than 4,000 chefs, culinary professionals and visitors. In Seoul, LG recently opened SKS Seoul, a newly renovated showroom offering visitors a complete experience of SKS’s latest ultra-premium built-in kitchen innovations.
      LG rebranded its ultra-premium built-in line earlier this year, transitioning from SIGNATURE KITCHEN SUITE to SKS. The refreshed identity, designed to be more modern and intuitive, has enhanced brand recognition and accelerated growth in the premium market. Despite the new name, SKS continues to embody the True to Food philosophy that has defined the brand since its inception.
      “At Design Week Mexico, we had the unique opportunity to collaborate with world-class architects and designers to create an inspiring space – one brought to life by our stylish and sophisticated SKS solutions,” said Lyu Jae-cheol, president of the LG Home Appliance Solution Company. “LG will continue to strengthen engagement with customers around the world and further establish SKS as a global leader in the ultra-premium built-in kitchen appliance market.”
      # # #

      link hidden, please login to view
    • By News Reporter
      Kinetic OLED Installation Showcases Company’s Vision for
      the Future of Immersive Display Technology

      SEOUL, Oct. 28, 2025 — LG Electronics (LG) reaffirmed its leadership in OLED innovation with a breathtaking installation at APEC 2025 in Gyeongju, South Korea. LG showcased a kinetic media chandelier composed of 28 transparent 77-inch LG SIGNATURE OLED T TVs, mesmerizing global leaders and delegates from around the Asia-Pacific region.
      First unveiled at CES 2025, the OLED chandelier returns to APEC 2025 with the pinnacle of visual storytelling made possible with transparent LG OLED TVs. The installation features the world’s first transparent and true wireless OLED TVs created into a technological splendor that is designed to be appreciated from every angle. Each panel gracefully moves – opening and closing like the petals of a kinetic sculpture – revealing LG OLED’s hallmark features of perfect black, vivid colors and slim design. In sync with hanging lights, the screens transition fluidly between transparent and opaque modes, transforming the atmosphere with immersive visual sequences: interstellar showers, drifting clouds, underwater landscapes and stained-glass finales.
      Powered by LG’s True Wireless technology, the chandelier eliminates visible cables and delivers flawless 4K transmission without latency, blurring the line between display and artistic visualization.
      The LG SIGNATURE OLED T demonstrates the versatility of OLED technology in immersive environments and reflects LG’s broader vision for OLED – transforming displays into premium, form-factor-free solutions that seamlessly integrate into everyday spaces. Also redefining home entertainment, the product has been recognized with major international design honors – including Red Dot, iF and IDEA Awards – and was recently named Best of IFA and Best in Home Entertainment at IFA 2025, affirming its global acclaim.
      APEC 2025 brings together leaders and innovators from 21 Asia-Pacific economies to foster inclusive growth and innovation. LG’s presence at this influential summit highlights its commitment to shaping the future of display technology and driving meaningful progress across industries.
      # # #

      link hidden, please login to view
    • By News Reporter
      Strong Performance in Key and Future-Oriented Businesses Drives Q3 Results
      Above Market Expectations

      SEOUL, Oct. 13, 2025 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the third quarter of 2025, reporting consolidated revenue of KRW 21.88 trillion and an operating profit of KRW 688.9 billion.
      Despite external headwinds, including escalating U.S. tariffs, both figures surpassed market expectations. Revenue marked the second-highest ever for a third quarter, while operating profit exceeded recent market forecasts by more than 10 percent. Profitability declined year-on-year due to several non-recurring factors, including higher tariff burdens under changing trade conditions.
      Nevertheless, LG successfully offset market concerns and exceeded expectations, driven by solid performances across key and future-oriented businesses. The home appliance solutions business maintained strong competitiveness and market leadership, while the vehicle solutions business achieved record-high profitability.
      LG continues to reinforce its business fundamentals through a focus on qualitative growth – emphasizing B2B operations such as vehicle solutions and HVAC, expanding non-hardware platforms including appliance subscriptions and webOS, and strengthening its online business. In particular, the IPO of LG Electronics India Limited is expected to provide significant funding to accelerate business structure improvements and future growth initiatives.
      The home appliance solutions business continued to face challenges from tariff pressures on U.S. exports and a delayed recovery in global demand. Despite these conditions, it sustained leadership in the premium segment and maintained stable performance in the mass market. These results were supported by optimized production operations, efficient resource allocation to mitigate tariff effects and steady growth in subscription-based appliance services.
      The media and entertainment solutions business faced higher marketing costs as competition intensified in the global TV market. Moving forward, LG plans to enhance the competitiveness of the webOS platform to diversify its profit structure – focusing on advancing its advertising business and expanding content offerings. The company also plans to accelerate growth in the Global South, where TV demand remains relatively stable.
      The vehicle solutions business is expected to have achieved record-breaking profitability in the third quarter, driven primarily by the strong performance of premium in-vehicle infotainment systems, which contributed to improved margins. The business is also broadening its portfolio beyond hardware to include vehicle content platforms, with continued growth expected based on a robust order backlog and improving operational efficiency across lighting and EV powertrain units.
      In the eco solutions business, LG is actively expanding its footprint in future-oriented markets such as commercial HVAC systems and industrial and power plant chillers. The company has recently secured a series of large-scale projects – including AI data center cooling solutions – across North America, Latin America, the Middle East and Asia. As these projects progress, LG aims to leverage them as key references to further reinforce its long-term growth potential. In parallel, the company is preparing for the commercialization of liquid cooling solutions for data centers, a next-generation technology poised to become a major driver of future expansion.
      These figures are tentative consolidated earnings based on K-IFRS provided as a service to investors prior to LG Electronics’ final earnings results, including net profit. Details regarding each division will be announced officially later this month.
      # # #

      link hidden, please login to view
    • By News Reporter
      Company Exhibits Latest Energy-Efficient Innovations at Major Tradeshow in Orlando,
      Aims to Boost Profitability and Growth in North American Market

      SEOUL, Aug. 25, 2025 — LG Electronics (LG) is presenting its advanced commercial laundry solutions at Clean Show 2025, North America’s largest commercial laundry industry tradeshow, in Orlando, Florida (August 23–26). LG’s exhibit features a wide range of professional and commercial laundry products tailored to the diverse needs of laundromats, hotels, healthcare facilities and other commercial operators. Equipped with AI-driven precision washing technologies, the company’s latest solutions deliver powerful performance, excellent energy efficiency and significant operational savings.
      LG’s showcase demonstrates its unmatched ability to meet both industry demand for high-efficiency equipment and consumer expectations for convenience and premium service. By leveraging these strengths, the company aims to further improve its position in the North American commercial laundry market.
      Flagship Professional Lineup: Performance Meets Efficiency
      At the LG Professional AI Zone, the spotlight is on the flagship LG PROFESSIONAL LAUNDRY lineup. Though not yet distributed in the U.S., the series makes its debut at Clean Show 2025, highlighting LG’s dedication to the industry and its technology expertise. Engineered for high-volume environments, these solutions combine durability with advanced efficiency.
      The PROFESSIONAL LAUNDRY Combo units employ LG’s cutting-edge AI technology, which intelligently adjusts water usage and optimizes wash/dry times based on load size. Completing a full cycle in just 60 minutes,* they minimize energy consumption while maintaining the high-quality results professional operations demand.
      Additionally, the PROFESSIONAL LAUNDRY products utilize LG’s Ball Balancing System, which enables the laundry drum to spin stably at speeds of up to 1,100 RPM (with a g-force of 520). It also contributes to reduced vibrations, enhanced water extraction and shorter cycle times. Another innovation applied is the Dual Action Heat Exchange System, which ensures fast, even drying by efficiently transferring heat to fabrics and lowers energy usage without compromising performance. In addition, a ductless design allows for flexible installation, helping businesses save on setup costs and operate more efficiently in space-constrained environments.
      Full-spectrum Portfolio for Real-world Applications
      In the LG Commercial Laundry Zone, visitors can explore the full range of front- and top-loading washers, dryers and combo units designed for hotels, hospitals, student housing and more. Modeled after real laundromats, the zone demonstrates the scalability and spatial adaptability of LG’s solutions, showcasing their ability to meet the needs of a wide range of commercial businesses. This comprehensive display underscores LG’s commitment to providing premium solutions for every stage of the laundry process.
      Smart Laundry LAB: Connectivity for Operational Excellence
      LG is also spotlighting connected innovations in its Smart Laundry LAB, presented in collaboration with Rinse, a leading North American laundry and dry-cleaning delivery service. The two companies are exploring new opportunities to deliver innovative laundry and dry-cleaning solutions to a wider customer base.
      The Smart Laundry LAB highlights LG’s approach to connected operation with the convenient Laundry Crew 3.0 and the Smart API. Laundry Crew 3.0 provides an integrated interface that connects store managers and end users, enabling real-time product monitoring and coordinated support. A simulated online-to-offline (O2O) service illustrates how LG’s solutions facilitate seamless digital-to-physical workflows. Visitors can attend live demonstrations of these customized systems to gain a better understanding of LG’s connected strategy for streamlining management and enhancing efficiency in commercial laundry operations.
      In addition to providing a complete lineup of solutions, LG is strengthening its position in the North American market through strategic partnerships. The company’s recent agreements with leading commercial laundry service providers, including CSC ServiceWorks and WASH, reflect a deep commitment to fostering customer engagement and bolstering operational excellence across the region. Building on its successful appearance at Texcare 2024, LG’s participation in Clean Show 2025 reinforces its determination to achieve product excellence and brand leadership in the commercial laundry market.
      “We are proud to be a part of Clean Show 2025, where we are showcasing next-generation commercial laundry solutions with AI-driven technologies and industry-leading energy efficiency,” said Lyu Jae-cheol, president of the LG Home Appliance Solution Company. “These innovations reveal LG’s commitment to helping businesses operate more sustainably while delivering the performance and value our brand is known for.”
      # # #
      * Based on an IEC standard load of 7 kilograms for washing and drying courses. Actual results may vary depending on usage environment and washing conditions.

      link hidden, please login to view

×
×
  • Create New...