LG Electronics Inc

LG Electronics reports preliminary Q3 figures: consolidated operating profit rose year-on-year to KRW 781.8 billion and revenue to KRW 23.83 trillion, but remained 17% below the consensus of KRW 941.7 billion. The stock fell as much as 10.3%; analysts attribute the shortfall mainly to weak profitability at LG Innotek and higher costs (logistics, materials, fixed costs) as well as one-off effects in the prior quarter. Long term, LG is betting on its AI cooling business (supply contract >5 GW) and expects significant orders by year-end; final quarterly results will follow in October. » Mere på finanzen.net

LG Electronics is expanding its portfolio of chillers and air-side systems with rack-side products such as coolant distribution units and cold plates. By mid-2026 the company had received orders worth about 600 billion won and expects additional orders totaling several trillion won by the end of 2026. LG’s 600-kW distributors received NVIDIA certification; 1-MW models are in final certification, and larger 2.5-MW and 4-MW units are planned for the second half of 2026. LG expects rising revenues from rack-side liquid cooling due to higher power densities in AI racks. » Mere på de.investing.com

LG Electronics hosted NVIDIA representatives at its under-construction Data Factory on the Yangjae R&D campus to deepen collaboration in robotics. The four-story facility is slated to house several hundred robots by year-end and provide 100,000 hours of training and synthetic data for a Robot Foundation Model. LG plans to link the collected data with NVIDIA’s Physical-AI technologies (Omniverse, Cosmos, Isaac) and aims to expand from industrial to household robotics business. » Mere på de.investing.com