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LG Q3 operating profit hits $550m on appliances, car tech
LG Electronics said on November 2 that third-quarter revenue was US$16.75 billion and operating profit was US$549.89 million, helped by growth in its home appliance and vehicle solutions businesses, and improved TV results.
For the first nine months of 2026, revenue reached US$50.2 billion, while operating profit totaled US$2.83 billion.
LG said all four main business units remained profitable.
Its vehicle solutions unit posted record third-quarter revenue and operating profit, while its media and entertainment unit improved from a year earlier.
LG also said cumulative orders for AI data center cooling solutions exceeded US$2.11 billion through the third quarter.
The company is investing another US$154.72 million to expand related production capacity.
The cooling effort follows an October move in which LG secured a supply agreement to expand its AI data center cooling business in North America.
🔗 Source: LG Electronics




