koreaherald.com

LG Appliance Subscription Revenue More Than Triples in First Half

LG Electronics logoLG Electronics
Sig2.90Sen+5.20Env0.00Soc+1.60Gov+0.10

LG Electronics’ appliance subscription business posted a record first-half revenue of 1.15 trillion won, excluding care services, more than tripling from 2022 and rising 8.2% from a year earlier. The company is expanding the model into large housing projects and overseas markets, including a 15 billion won supply deal for 5,400 public rental homes and strong Malaysia sales.

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