Page 4 - Latest Updates on LG Electronics
LG postpones IPO for Indian unit due to 'unfavorable' market conditions
South Korean major LG Electronics has delayed the upcoming initial public offering (IPO) for its Indian unit, amid volatility in the local share markets, according to industry insiders.
 "LG postpones IPO for Indian unit due to 'unfavorable' market conditions")
Ather's valuation set to drop 44% ahead of IPO amid global market turmoil
India was the world's second-largest market by IPO proceeds in 2024 but listings are down 15% this year, data compiled by LSEG showed
 "Ather's valuation set to drop 44% ahead of IPO amid global market turmoil")
LG Electronics delays India unit IPO amid stock market volatility: Report
LG Electronics has informed advisors that it may postpone the public issue and may resume if the market conditions improve
 "LG Electronics delays India unit IPO amid stock market volatility: Report")
From Daikin to Samsung, companies fight Indian govt over e-waste policy
Daikin, Hitachi and Samsung are among manufacturers raising concerns over new Indian government rules mandating significantly higher payments for recycling appliances like ACs, refrigerators and TVs
 "From Daikin to Samsung, companies fight Indian govt over e-waste policy")
Market turmoil casts dark clouds over LG Electronics India, Ather IPOs
Both companies had planned to launch their offerings this month
 "Market turmoil casts dark clouds over LG Electronics India, Ather IPOs")
LG launches 4K UHD Smart Monitor line-up in India: Check price and details
Starting at Rs 32,000, the 2025 LG 4K UHD smart monitors support 90 per cent DCI-P3 colour range and HDR10 visuals
 "LG launches 4K UHD Smart Monitor line-up in India: Check price and details")
LG's India IPO may see lower valuation of $10.5-11.5 bn amid market decline
While the valuation figure is potentially lower, LG Electronics India might raise as much as $1.7 billion in the IPO, which is more than originally anticipated
 "LG's India IPO may see lower valuation of $10.5-11.5 bn amid market decline")
LG Electronics India, Innovision get market regulator Sebi's nod for IPOs
LG Electronics India and Innovision filed draft IPO papers with Sebi in December and obtained the regulator's observations on March 13 and March 12, respectively
LG Electronics India receives Sebi approval for Rs 15,000 crore IPO
The Indian arm of the Seoul-headquartered home appliances and electronics company could roll out its ~15,000 crore maiden share sale once market conditions turn conducive, sources said
 "LG Electronics India receives Sebi approval for Rs 15,000 crore IPO")
Tata Capital likely to seek record $11 billion valuation in upcoming IPO
Tata Capital's board last week approved the listing of as many as 230 million shares, along with an offer for sale of equity by existing shareholders
 "Tata Capital likely to seek record $11 billion valuation in upcoming IPO")
IPO Rush: Hero Fincorp, LG Electronics, 64 others aim for D-street debut
A total of 66 companies have submitted applications for IPOs, with highly anticipated offerings from Hero Fincorp and LG Electronics awaiting approval from the capital market regulator, Sebi
 "IPO Rush: Hero Fincorp, LG Electronics, 64 others aim for D-street debut")
LG Electronics kicks off roadshows to launch $1.5 bn India IPO this year
Bloomberg has also reported the IPO could raise $1 billion to $1.5 billion and value LG India at as much as $15 billion
 "LG Electronics kicks off roadshows to launch $1.5 bn India IPO this year")
Tech wrap Jan 23: Samsung Galaxy S25 series, Google Gemini, LG soundbars
Samsung Galaxy S25 series pre-orders. Google Gemini-based AI agent. LG Premium soundbars launched. New Galaxy AI features. YouTube Premium experimental features
 "Tech wrap Jan 23: Samsung Galaxy S25 series, Google Gemini, LG soundbars")
LG launches premium soundbars with 3D spatial audio: Check price, details
Starting at Rs 69,990, new premium LG soundbars are available on the company's official website, select online platforms and offline retailers
 "LG launches premium soundbars with 3D spatial audio: Check price, details")
CES 2025: LG brings OLED evo TVs with built-in AI, new lifestyle projectors
LG has unveiled a new concept model with a floor lamp-inspired design that combines a projector with a Bluetooth speaker and LED mood lamp
 "CES 2025: LG brings OLED evo TVs with built-in AI, new lifestyle projectors")
CES 2025: LG to introduce on-device AI features with upcoming Gram laptops
LG's new AI features include a Microsoft's Recall-like "Time Travel" feature which will allow users to revisit web pages, documents, videos and audio files
 "CES 2025: LG to introduce on-device AI features with upcoming Gram laptops")
LG mulls raising India unit valuation to $15 bn from $13 bn ahead of IPO
The company is planning to start a formal roadshow for LG Electronics India Pvt's IPO within the next two months and is targeting a listing in the first half of 2025
 "LG mulls raising India unit valuation to $15 bn from $13 bn ahead of IPO")
LG Electronics India IPO: Strengths, weaknesses, and key details from DRHP
The IPO, which is entirely an offer for sale (OFS), will see Seoul-based parent LG Electronics divesting up to 101,815,859 equity shares of face value Rs 10 each from its Indian subsidiary
 "LG Electronics India IPO: Strengths, weaknesses, and key details from DRHP")
LG to set up new plant at Andhra, fears competition from parent entity
Besides, it is increasing the sourcing of raw materials from the local market, which is helping it meet consumer demands
LG India files DRHP with Sebi to raise Rs 15,000 crore through IPO
South Korean parent to sell 15% stake
 "LG India files DRHP with Sebi to raise Rs 15,000 crore through IPO")