LG Electronics Inc. (LG) achieved a consolidated revenue of KRW 84.2 trillion and an operating profit of KRW 3.55 trillion in 2023. This marks the third consecutive year of record-breaking annual revenue, despite challenges like an economic slowdown and reduced demand.

LG’s core businesses, home appliances, and vehicle components, displayed resilience, maintaining continuous growth for eight consecutive years. The combined revenue for these segments exceeded KRW 40 trillion, a substantial increase from KRW 18 trillion in 2015, now constituting 47.8% of the total revenue..