US Edition
LG Electronics Eyes European Dominance, Aiming to Double Sales in 5 Years
2 Articles
2 Articles
LG Electronics eyes European dominance, aiming to double sales in 5 years
LG Electronics has announced its goal to double its home appliance sales in Europe within the next five years, setting its sights on becoming the continent’s top brand. Lyu Jae-cheol, head of the company’s home appliance and air solution division, shared LG’s future business strategy in the European market during a press conference Thursday (local time) at the IFA 2025 electronics exhibition, which runs through Tuesday in Berlin. “LG has weather…
[Digital Daily Reporter Ok Song-i] "The European home appliance market is more competitive than any other region, with companies ranging from premium brands like Bosch and Miele to Turkish powerhouses and Chinese home appliance makers. Despite this, LG Electronics has consistently grown, and we will double our European home appliance sales within five years to solidify our position as Europe's leading home appliance brand." Ryu Jae-cheol, Presi…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
