LG Innotek Bets on Future with Self-Driving Cars, Robots; LG Electronics Eyes Indian Subsidiary Sale
LG Innotek, a major subsidiary of LG Electronics, has announced a strategic shift towards future technologies. Meanwhile, LG Electronics is considering a significant sale of its Indian subsidiary's stocks.
LG Innotek, a key player in LG Electronics' ecosystem, is redirecting its efforts towards innovative sectors. The company plans to invest heavily in self-driving cars and robotics, indicating a bold move into the future of mobility and automation.
LG Electronics, the largest shareholder of LG Innotek, is also exploring financial opportunities. The tech giant is contemplating the sale of a 15 percent stake in its Indian subsidiary's stocks, a move that could potentially raise substantial funds for further investments and expansions.
LG Innotek's shift towards self-driving cars and robots signals LG Electronics' commitment to future technologies. Simultaneously, the potential sale of LG Electronics' Indian subsidiary's stocks could provide a significant financial boost for the company's ongoing and future projects.
