May 6th, 2026 - 07:54 GMT
LG Electronics Inc. (LG) announced consolidated revenue of USD 16.24 billion and operating profit of USD 1.14 billion for the first quarter of 2026. Revenue hit its highest first-quarter level in company history, marking a 4.3 percent increase year-over-year. LG also delivered its third-highest operating profit for a first quarter, up 32.9 percent year-over-year. The company's core businesses, including home appliances and TVs, contributed to the strong results, achieving premium market leadership and robust overall performance amid continuing economic uncertainty. LG's vehicle solutions business, a key pillar of the company's ...
