LG to increases prices in the US; senior VP Kim I-kueon says LG planning to move manufacturing of appliances to the US state of ...

LG Electronics is contemplating price increases on certain products and considering shifting home appliance production to the U.S. in response to potential tariffs. The company is evaluating relocating manufacturing of key appliances to its Tennessee facility to reduce reliance on imports. LG is also navigating challenges in other markets, taking a cautious approach to its Indian unit's delayed IPO.

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