LG Electronics Announces New Variable Refrigerant Flow Heat Pump
Market Performance
- Ticker: LG (003550.KS)
- Closing Price: KRW 99,000 (down 1.75 % from the previous close)
- Trading Volume: KRW 12.4 bn traded in the last 24 hours
- Supply: 155.8 million shares outstanding
- Market Capitalization: KRW 15.7 trillion
- Price Trend: Down 9.83 % since the end of last month
- 200‑Day Simple Moving Average: KRW 101,724.5
- 52‑Week High: KRW 185,900 (June 1 2026)
- 52‑Week Low: KRW 77,700 (November 25 2025)
Corporate Development
LG Electronics, a subsidiary of LG Corp, unveiled a new Variable Refrigerant Flow (VRF) heat pump designed for commercial heating and cooling. The product, named Multi V 7, was presented at the Harfko 2026 HVAC exhibition. Key features include:
- Dual AI architecture: On‑device artificial intelligence monitors operational data in real time; a cloud‑based component provides broader optimization and predictive maintenance support.
- Energy efficiency: The system adapts to installation settings, user habits, and environmental changes, aiming to improve overall HVAC energy consumption.
- Smart‑control integration: The design aligns with LG’s broader strategy to enhance smart‑control capabilities across its HVAC portfolio.
Comparative Stock Performance (24‑Hour Window)
| Ticker | Closing Price (KRW) | % Change | Market Cap (KRW) | P/E Ratio |
|---|---|---|---|---|
| SK Telecom (017670.KS) | 74,500 | -1.42 % | 16.5 trillion | 25.65 |
| Samsung Heavy Industries (010140.KS) | 16,830 | -2.04 % | 15.1 trillion | 32.47 |
| Hanwha Ocean (042660.KS) | 55,300 | -3.70 % | 18.2 trillion | 11.86 |
| Hyosung Heavy Industries Corp (298040.KS) | 159,013.08 | -1.28 % | 18.2 trillion | 30.65 |
| HD Korea Shipbuilding & Offshore (009540.KS) | 248,000 | -3.08 % | 18.4 trillion | 7.15 |
About LG Corp
LG Corp. is a South Korean holding company headquartered in Seoul. It manages a diversified portfolio of subsidiaries, including LG Electronics, LG Chem, LG Energy Solution, LG Display, LG Innotek, LG Household & Health Care, LG U+, LG HelloVision, HSAD, LG CNS, D&O, LG Management Development Institute, and LG Sports. The conglomerate operates across electronics manufacturing, chemicals, household goods, and telecommunications services. More information is available on its website at www.lg.co.kr .
