LG Electronics shares jump after debut of Google-based car products
LG Electronics India is targeting a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a vibrant IPO market with one of India’s largest offerings so far this year.
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Shares of LG Electronics rose as much as 23.95% after the company announced a series of automotive innovations built on technology. Alphabet Inc.It is Google.
The South Korean company said that its new range of solutions is built on Android automotive operating systems. LG said that the system, unlike other traditional in-car display systems, can simultaneously control multiple displays with different aspect ratios using a single chip.
“The solution supports automakers to significantly reduce the installation cost of in-cabin multi-display systems,” LG said.
Android automotive operating systems are in demand because they allow drivers to access applications in their vehicles without using a smartphone. The global Android automotive operating system market, which was worth $895.6 million in 2025, is expected to reach $2.14 billion in 2035. predictions By Future Market Insights.
Shares were last traded at 279,500 won, up 23.95%.
