LG Business Solutions, a privately owned company headquartered in South Korea, operates as a subsidiary of LG Electronics. Founded in 1999, the company employs approximately 10 individuals and reported $4.2B in revenue as of 2024. The company specializes in digital signage and professional display solutions, also offering commercial displays, IT products, and smart home & healthcare solutions.

2024 Revenue

Founded

1999

Headcount

4

Headquarters

South Korea

Primary Segment

Digital signage and professional display

Ownership

Privately Owned

Deployments

1

News Summary:

On February 22, 2026, the Indian consumer durables sector, encompassing companies like LG Electronics that sell electronic products such as air-conditioners and refrigerators, did not experience the anticipated boost from GST cuts enacted in September, citing unexpected policy and external factors. Earlier the same day, LG Electronics announced its strategic goal to double revenue in emerging Global South markets—primarily Brazil, India, and Saudi Arabia—by 2030, aiming to rebalance its portfolio from its long-standing emphasis on developed economies. This follows news that LG Electronics is a significant contributor to South Korea's leading position in micro light-emitting diode (LED) transcription technology patent applications, an advanced display technology applicable in TVs, virtual reality, and ultra-large billboards. Also on February 22, Jumbo Electronics launched a new LG Brand Shop at Place Vendôme Mall in Doha, Qatar, signifying a milestone in its retail expansion and further strengthening its partnership with LG Electronics in the region.

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LG Business Solutions offers 4 products in the pro AV industry. LG Business Solutions's product portfolio comprises of digital signage and professional display.
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LG Business Solutions's revenues were over $1B in 2024. Caretta Research has split LG Business Solutions's revenue into 3 different product categories, the largest of which is lCD and LED panels. For full access to LG Business Solutions's revenue breakdown subscribe to Caretta Portal.
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