Lg Electronics News - Latest Updates & Headlines

24 companies to invest Rs 3,516 crore under PLI scheme for ACs and LED lights

New Delhi, Jan 20: With as many as 24 beneficiary companies committing an investment of Rs 3,516 crore in the third round, the government's production-linked incentive (PLI) scheme is poised to significantly boost the production of components of ACs and LED lights across India, according to a Commerce and Industry Ministry statement on Monday.

LG Electronics' operating profit drops 53.2 pc in Q4

Seoul, Jan 8: LG Electronics, South Korea's leading home appliance maker, on Wednesday estimated its fourth-quarter operating profit decreased more than 53 percent from a year earlier due to global economic uncertainties.