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Last 43,350 KRW
Change Today -1,150.00 / -2.58%
Volume 740.3K
066570 On Other Exchanges
Korea SE
Korea SE
As of 2:29 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

lg electronics inc (066570) Snapshot

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52 Week High
09/1/14 - 76,600
52 Week Low
08/21/15 - 39,300
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Current Stock Chart for LG ELECTRONICS INC (066570)

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lg electronics inc (066570) Details

LG Electronics Inc., together with its subsidiaries, manufactures and sells consumer electronics, mobile communication products, and home appliances under the LG name worldwide. Its Home Entertainment division offers a range of televisions, monitors, PCs, security devices, audio and video products, and other products. The company’s Mobile Communications division provides G Series, Vu: Series, F Series, and L Series? mobile phones; and smart watches. Its Home Appliance division offers refrigerators, microwave ovens, dishwashers, washing machines, vacuum cleaners, water purifiers, and other products. The company’s Air Conditioning & Energy Solution division provides residential air conditioners, commercial air conditioners, and other products. LG Electronics Inc. also offers LED, display and network products, substrate and materials, optics solutions, auto and motor products, vehicle components, compressors, motors, display materials, lighting solutions, solar energy systems, and others. The company was formerly known as GoldStar and changed its name to LG Electronics Inc. in 1995. LG Electronics Inc. was founded in 1958 and is headquartered in Seoul, South Korea.

Founded in 1958

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Executives, Board Directors

lg electronics inc (066570) Key Developments

LG Electronics Inc. to Unveil Four New OLED TVs at IFA 2015

LG Electronics will unveil four new OLED TVs next week at IFA 2015 in Berlin. Among these will be 65- and 55-inch 4K high dynamic range (HDR) OLED TV sets (models 65/55EF9500 and 55EG9200) and a curved OLED TV (model 55EG9100). The EF9500 units feature the industrys first flat 4K resolution OLED displays while the 55EG9200 and 55EG9100 measure an incredibly slim 4.8 mm. With an expanded 2015 OLED TV lineup which includes nine models offering a diverse range of resolutions and frame types LG is keen to demonstrate its commitment to making OLEDs unparalleled viewing experience available to more consumers. LG's OLED display technology ensures that images are displayed in perfect black as well as perfect colors. This is what makes OLED technology an ideal match for HDR content because only OLED panels can deliver the absolute black which makes the bright colors of HDR look even more impressive. OLED TVs are able to render the required HDR light range at lower peak brightness, resulting in an exceptional and more comfortable viewing experience. Whats more, LGs HDR-capable OLED TVs allow consumers to view HDR content from both streaming content partners as well as external sources. Improvements in LGs newest sets dont stop there, even the design has been upgraded. Its hard to believe that a TV could be this thin at their slimmest point, both the EG9200 and EG9100 are thinner than any smart phone on the market present. The shimmering transparent stand enhances the viewing experience by reducing visual clutter around the screen. And the razor-thin bezels are nearly invisible, with images seeming to drop off the edges of the display. With both curved and flat options, theres an OLED TV suitable for all types of rooms and environments. All of LGs 4K OLED TVs feature webOS 2.0, the latest iteration of LGs proprietary smart TV platform. With its enhanced user interface and advanced features, webOS 2.0 makes navigating a smart TV simpler, easier and more intuitive. webOS 2.0 also reduces boot time and allows users to personalize the Launch Bar menus making it easier than ever for users to access their favorite content. In addition, LGs 4K OLED TVs feature speakers developed in partnership with audio leader Harman/Kardon to ensure that the flawless 4K OLED images will have sound quality second to none. LGs new 4K OLED TVs will be available starting at the end of August in Germany, Korea, the US and UK with the rollout to continue over the next several months in select markets. Visitors to IFA 2015 are encouraged to stop by LGs booth in Hall 18 of Messe Berlin from September 4-9 to see LGs newest OLED TV models for themselves.

LG Electronics Inc. to Introduce its Centum System

At next months IFA in Berlin, LG Electronics (LG) will introduce its Centum System, an innovative suspension system specifically designed to enhance reliability and durability in the company's front-load washing machines. The Centum System will be the latest innovation to be featured in LGs newest front-load washing machines for the European market which offer an upgraded enamel coated exterior design for a more premium look. LG TWIN Wash, the first washing machine capable of handling dual loads simultaneously, will also be making its European debut at IFA 2015. LGs unique Centum System does away with traditional springs to support the outer tub by utilizing a new damping system equipped with shock absorbers, similar to those found in automobiles. This fixed-tub system greatly reduces vibration and noise levels, emitting only 67dB during the spin cycle, equivalent to the sound of a typical conversation. 1 Whats more, with less moving parts, theres less friction, a cause of wear and tear in machines. LG is so confident in the technology that it is doubling the standard 10-year warranty on its Inverter Direct Drive motors to 20 years in its Centum System washing machines. LGs advanced washing machines also come equipped with TurboWash, which can complete a half load cycle in only 49 minutes.2 A highly pressurized jet spray removes detergent from clothes during the rinse cycle, using less water and energy than conventional washing machines. LG has long been at the forefront of smart technology and all Centum System washing machines will be available with Wi-Fi connectivity. Homeowners will now be able to start wash cycles and receive real-time laundry notifications via their smartphones from any room in the house. LG washing machines equipped with NFC make it extremely convenient to program different wash cycles by simply touching the smartphone to the washing machine. Washer-dryer combinations are popular in Europe and LG is the way with versatile features in its Eco-Hybrid washer-dryers delivering convenient and efficient options for greater energy savings. This year at IFA, LG will be showcasing Eco-Hybrid washer-dryers in a wide range of capacities. With a washing capacity of 8kg and 5kg drying capacity, LGs Eco-Hybrid washer-dryer is a more compact version of the original 12kg wash and 8kg dry combination but delivers the same reliability and features. LG offers a full-range of washer-dryers capacities, including a 10.5kg/7kg and a 9kg/6kg combination for consumers looking for options in between. LGs revolutionary TWIN Wash will be making its appearance in Europe for the first time at IFA 2015. LG TWIN Wash enables two separate loads to be washed simultaneously by combining a full-sized front load washing machine with a mini washer in a hide-away pedestal, generating a whole new set of washing options. The powerful main washing machine handles the bulk of the laundry, while the mini washer can be set to run a different wash cycle. Smaller loads can be washed when needed without having to wait until a full load has accumulated. The mini washer is perfect for delicate or specialized items that require a unique wash setting, such as lingerie or baby clothes.

LG Electronics Debuts New Series Of ProBake Convection™ Ranges

LG Electronics announced it is introducing six new cooking ranges that feature the company's innovative ProBake Convection™ technology. The new appliances incorporate the convection technology found in commercial-grade ovens, helping consumers bake like professionals in their own kitchen. By moving the heating element from the bottom of the oven to the back wall, ProBake Convection technology delivers optimal heat distribution that provides consistent heating on the top and bottom of every dish. The end result is even cooking on every rack, every time. The new ranges are offered in both single- and double-oven configurations with electric and gas connections, so consumers can select the model that best fits both their lifestyles and kitchens. LG's ProBake Convection-equipped ranges also feature LG's proprietary EasyClean® technology, which is the fast oven cleaning feature in the market that provides a quick and convenient way to clean the oven in three simple steps. Users simply spray water to the interior walls of the oven, start the EasyClean function to allow the oven to heat up, then after 10 minutes, gently wipe away any mess. As a result of LG's trademark oven enamel technology, the need for chemicals or high heat is eliminated. The new models also offer the large oven capacities on the market. LG's electric double-oven ranges (Models LDE4413 and LDE4415) and gas double-oven ranges (Models LDG4313 and LDG4315) boast 7.3- and 6.9-cubic-foot capacity, respectively, allowing home chefs the flexibility to cook two meals at once with different temperature settings. They can access the quick-heating upper oven for smaller, on-the-go meals, or use both ovens to simplify dinnertime and entertaining cooking. LG's new ProBake Convection ranges will be available in September through major U.S. retailers nationwide at the following manufacturer's suggested retail prices: Model LRG4113 6.3-cubic-foot single-oven gas range: $1,299, Model LRG4115 6.3-cubic-foot single-oven gas range: $1,499, Model LDE4413 7.3-cubic-foot double-oven electric range: $1,599, Model LDE4415 7.3-cubic-foot double-oven electric range, $1,799, Model LDG4313 6.9-cubic-foot double-oven gas range: $1,699 and Model LDG4315 6.9-cubic-foot double-oven gas range: $1,899. These new ranges meet the requirements of the industry's new Sustainability Standard for Household Cooking Appliances, which was developed by the Association of Home Appliance Manufacturers, CSA Group and UL Environment. The lifecycle approach of the cooking sustainability standard addresses a product's environmental impacts in five key areas: materials, energy consumption during use, manufacturing and operations, end-of-life management and innovation.


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Valuation 066570 Industry Range
Price/Earnings 23.3x
Price/Sales 0.1x
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Price/Cash Flow 41.4x
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