LG Electronics posted record first-quarter revenue of KRW 23.73 trillion in 2026, up 4.3 percent year-on-year, as strong demand for home appliances and vehicle solutions drove growth. Operating profit climbed 32.9 percent to KRW 1.67 trillion, marking one of the company’s highest first-quarter earnings to date.

The company’s home appliance and vehicle solutions units emerged as key drivers, surpassing KRW 10 trillion in combined quarterly revenue for the first time. LG said its vehicle solutions business delivered record sales and profit, reinforcing its role as a core business pillar, while appliances remained a steady revenue generator despite rising costs and global economic uncertainty.

LG’s push into business-to-business segments also gained traction, with B2B accounting for 36 percent of total revenue and subscription services posting double-digit growth. The company is now positioning for future expansion in areas such as AI data center cooling, while continuing to strengthen its product lineup and platform businesses to sustain profitability.