LG Electronics strikes gold with long bet on EV parts

Components for electrics lift automotive segment to first black ink in 6 years

20220729N LG Electronics display

An LG Electronics infotainment system is shown in this Mercedes-Benz EQS electric vehicle. (Photo courtesy of LG Electronics) 

KOTARO HOSOKAWA, YUKI NAGANAWA and YOICHIRO HIROI, Nikkei staff writers

SEOUL/OSAKA/TOKYO -- The automotive supply arm of LG Electronics has achieved its first operating profit in six years thanks to a surge in orders from electric vehicle manufacturers.

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