LG Electronics Considers India IPO to Achieve $75 Billion Revenue Goal

LG Electronics aims for $75 billion in annual revenue by 2030 Up from $65 billion in 2023

Strategic Goal

India unit revenue up 14% in the first half of 2024 Net income rose 27% to 198.2 billion won

India Market Focus

LG exploring IPO to tap into booming Indian stock market No confirmed decision yet

Considering India IPO

Subscription business expected to grow 60% to $1.3 billion in 2024 Plans to invest 1 trillion won in webOS-based ad and content services by 2027

Subscription and Streaming

Focus on understanding global customers Plans to nurture new businesses generating over 1 trillion won annually

CEO William Cho’s Vision