LG electronics
Coming Soon
Coming Soon
About the Company
LG Electronics India Pvt. Ltd. was founded in 1997 and is a subsidiary of the South Korean multinational, LG Corporation. LG is a leading player in the Indian consumer electronics and home appliances market. It offers an extensive range of products, including refrigerators, washing machines, air conditioners, microwave ovens, and water purifiers in the home appliances segment, as well as OLED, LED, and UHD TVs, audio systems, and other home entertainment solutions. Additionally, LG serves businesses with commercial displays, solar solutions, and HVAC systems.
Strengths
- LG India benefits from strong global support, leveraging its global resources and technology for success in the Indian market.
- Known for high-quality products, LG India enjoys strong customer loyalty, driven by durable goods and tailored advertising.
- The “G-local” strategy ensures that LG products are adapted to local preferences and supported by a vast dealer network, ensuring easy availability.
- A wide product range and automated processes give LG India the flexibility to meet market demand efficiently.
- Brand visibility is boosted through sponsorship of cricket and CSR initiatives in education, women’s empowerment, and healthcare.
- Strong financial backing and consistent profits enable LG India’s continued growth and expansion in the market.
Risks
- Intense competition from rivals like Samsung, Sony, and Haier could pressure profits and market share.
- Intellectual property disputes may result in costly legal battles, brand damage, or restricted access to key technologies.
- Supply chain disruptions caused by natural disasters or global crises can lead to delays, increased costs, and product shortages.
- Declining demand in crowded urban markets limits growth potential, requiring caution in saturated areas.
- Rapid technological advancements necessitate constant innovation, with delays in launching new products potentially leading to market loss.
- Economic fluctuations, currency volatility, and changing regulations can impact profitability and increase operational risks.
LG electronics IPO – Frequently Asked Questions
- You can apply for the LG electronics IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose LG electronics, enter lot quantity and UPI ID, then approve the mandate.