LG Electronics’s major Vietnam factories report revenue growth of 23% in 2023

LG Electronics’s major Vietnam factories report revenue growth of 23% in 2023

Two Vietnamese subsidiaries of South Korea’s LG Electronics have posted a combined revenue of KRW10,897.1 billion ($7.95 billion) in 2023, up 23.4% year-on-year, according to the South Korean chaebol’s latest financial statements.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

LG invests $8.24 bln in northern Vietnam city, urged to do more in training, healthcare

LG invests $8.24 bln in northern Vietnam city, urged to do more in training, healthcare

South Korean chaebol LG’s investment in Vietnam’s northern coastal city of Hai Phong has amounted to $8.24 billion to date, and the local administration has called on the company to invest more in education-training and healthcare.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7

S Korea’s LG Innotek to double investment to $2 bln in Hai Phong city 

S Korea’s LG Innotek to double investment to $2 bln in Hai Phong city 

LG Innotek, the electronic component arm under South Korea’s giant LG, will invest an additional $1 billion in Vietnam’s Haiphong city, doubling its investment in the northern coastal city to $2.05 billion.

Industries - Mon, Dec 22, 2021 | 11:30 am GMT+7