LG Due Diligence

Run due diligence on LG: check compliance and get alerts when suppliers change.

South Korea · www.lg.com · 16 vendors

LG Electronics is a South Korean multinational major appliance and consumer electronics corporation headquartered in Seoul. It manufactures and sells a wide range of products including televisions, home appliances, air solutions, monitors, and automotive components, and is recognized as a global innovator in technology.

Resilience scores

Technology vendors

Services catalogue

4 services in catalogue across 3 categories; runs on 16 sub-vendors.

Insights

Last updated 2026-08-15 · revision 1

16 direct vendors, 210 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

11 in-scope frameworks identified; showing 3.

EU WEEE Directive — Evidence found

Evidence: https://www.lg.com/us/compliance-information, https://environment.ec.europa.eu/topics/waste-and-recycling/waste-electrical-and-electronic-equipment-weee_en, https://environment.ec.europa.eu/topics/pollution/restriction-hazardous-substances_en

CPRA — Evidence found

Evidence: https://www.lg.com/us/privacy, https://cppa.ca.gov/, https://oag.ca.gov/privacy/ccpa

GDPR (source) — Evidence found

Evidence: https://www.lg.com/uk/privacy, https://www.lg.com/de/datenschutz, https://ec.europa.eu/commission/presscorner/detail/en/ip_21_6837, https://gdpr.eu/companies/, https://www.lge.com/global/privacy

Financials

Three-year financials

Financial Resilience Score: 7/10

LG Electronics demonstrates solid financial resilience backed by its diversified product portfolio spanning home appliances, TVs, HVAC, IT products, and rapidly growing vehicle components. The company maintains a strong balance sheet with total equity in the KRW 20+ trillion range, moderate leverage, and investment-grade credit ratings (BBB from S&P; Aa3/AA- domestic). Revenue reached a record KRW 87.7 trillion in FY2024, demonstrating consistent top-line growth despite challenging macroeconomic conditions. However, operating margins remain thin at approximately 3.5-4%, reflecting cost inflation, weakness in the TV/OLED panel cycle, and heavy logistics costs. Net income was pressured in FY2024 by higher financing costs and losses at consolidated affiliate LG Display. The company has successfully pivoted toward B2B growth engines including vehicle components (with reported backlog exceeding KRW 100 trillion), HVAC/heat pumps benefiting from electrification, and recurring revenue from webOS platform advertising and subscription services. Risks include exposure to intense Chinese competition (Hisense, TCL, Midea, Haier), FX exposure with most costs in KRW but revenue mostly overseas, cyclical consumer discretionary demand, and lingering impact from LG Display consolidation. The 2021 exit from the mobile handset business demonstrates management's willingness to make hard portfolio decisions but also serves as a reminder of segment risk.

Key strengths: Diversified product mix across appliances, TVs, HVAC, IT, and vehicle components, World-leading position in home appliances and #1 global OLED TV brand for 12+ consecutive years, Strong balance sheet with KRW 20+ trillion equity and investment-grade credit ratings, Rapidly growing Vehicle Components (VS) segment with backlog exceeding KRW 100 trillion, Record revenue of KRW 87.7 trillion in FY2024, Global scale with strong distribution in North America, Europe, Middle East, LatAm, and India

Risk factors: Thin consumer-electronics operating margins (3.5-4%), TV segment exposed to panel-price cycle and slower demand, Losses at consolidated LG Display weighing on group net income, FX exposure with KRW-based costs vs. overseas revenue, Intense Chinese competition in TVs and appliances (Hisense, TCL, Midea, Haier), Cyclical consumer discretionary demand in North America and Europe

Revenue by geography

Revenue by product/service

Workforce by country

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