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LG Electronics' shares surge 24% after showing automotive innovations using Google tech
CNBC· 2026-05-29 10:29
LG Electronics India is seeking a valuation of up to 774 billion rupees ($8.71 billion) in its long-delayed initial public offering, tapping into a bustling IPO market with one of India's largest offerings so far this year. Android automotive operating systems are in demand, as they enable drivers to access apps in their vehicles without the use of smartphones. The global Android automotive OS market, which was valued at $895.6 million in 2025, is expected to reach $2.14 billion by 2035, according to estima ...