LG Electronics India-parent shares surge 27% after showing automotive innovations via Google tech

Here's why Wednesday is an important day for LG Electronics India shareholders


Shares of LG Electronics, listed on the Korean stock exchanges, gained as much as 27% on Friday, May 29, after it announced a series of automotive innovations which are built with technology from Alphabet Inc.’s Google.

According to the company, its new range of solutions are built on Android automotive operating systems, which can control multiple displays with different aspect ratios at the same time, by using a single-on-chip, which is different from other conventional in-vehicle display systems.

“The solution supports automakers to significantly reduce the cost of deploying multi-display in-cabin systems,” LG said.

There is demand for android automotive operating systems as they enable drivers to access apps in their vehicles, without using smartphones.

The global android automotive OS market, which was valued at $895.6 million in 2025, is likely to reach $2.14 billion by 2035, according to Future Market Insights estimates.

On last check, shares of LG Electronics Inc. were trading 26.1% higher at 2,84,000 Korean won.

(With Inputs From Agencies)



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