LG Electronics PT receives Investment Bank Analyst Rating Update
LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer electronics, mobile communications, and home appliances worldwide. It operates through Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Components Solutions, and Business Solutions segments. The company offers refrigerators, washing machines, vacuum cleaners, air conditioners, air purifiers, and mobile communication products. It also provides digital, OLED, and LED signages, and commercial TV’s for corporate, retail, QSR, transportation, hospitality, healthcare, and education sectors; commercial, residential, and utility ESS for PV self-consumption and frequency regulation applications; solar panels; commercial laundry products, including washer and dryer; compressor and motors; and LG Smart Solution, a cloud service that connects businesses and machines to business owners, as well as content management systems. In addition, the company offers monitors and PC’s, laptops, medical displays, cloud devices, and projectors; and VRF, single and multi-splits, single packaged, heating solutions, chiller, and control solutions for residence, retail, office, hotel, shopping mall, and hospital, as well as maintenance and related services. 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 headquartered in Seoul, South Korea.