Verified Sep 2026
Electronics & Software
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Seoul, South Korea
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Since 2013
LG Electronics' Vehicle Solution (VS) Company, established in 2013 and headquartered in Seoul, is a Tier-1 automotive electronics supplier organized across three pillars: in-vehicle infotainment systems and the webOS for Automotive platform; lighting systems through its ZKW Group subsidiary in Wieselburg, Austria; and EV powertrain components through the LG Magna e-Powertrain joint venture with Magna International.
LG Electronics VS at a glance
Revenue
€6.9B
FY2025 · VS division · Berylls 2026
Founded
2013
VS Company; LG Electronics parent est. 1958
Headquarters
Seoul, South Korea
Ownership
Listed
KRX: 066570 · LG Electronics Inc.
Certifications
IATF 16949:2016
Claimed — Nanjing facility · current cycle May 2025
Known customers
General Motors (2024 Supplier of the Year) · Volkswagen Group (Partnership Award 2024) · Hyundai Motor Group / Genesis / Kia
WebOS for Automotive
Industries
Automotive
Electric Vehicles
Electronics
STABILITY SIGNALS
Established & active
€6.9B automotive-sector revenue (FY2025), 5% operating income margin — both VS division records.
Listed on the Korea Exchange (KRX: 066570); VS Company has posted revenue growth for ten consecutive years through FY2025.
Named 2024 Supplier of the Year by General Motors and top supplier by Volkswagen Group; IATF 16949:2016 certified (current cycle, May 2025).
What LG Electronics VS makes
LG Electronics' Vehicle Solution (VS) Company is one of the four operating companies within LG Electronics and the business unit through which LG competes in the automotive electronics supply chain. The VS Company organizes its automotive work into three areas: in-vehicle infotainment supplied directly from VS Company Korea; automotive lighting supplied through the ZKW Group subsidiary; and EV powertrain components supplied through the LG Magna e-Powertrain joint venture with Magna International.
The infotainment side covers head units, digital cockpit systems, telematics and connectivity modules, ADAS vision systems, and the webOS for Automotive platform -- an operating system that enables in-car content and streaming services including YouTube and Netflix. The Nanjing, China plant, certified under IATF 16949:2016 for design and manufacturing, handles production of audio-video navigation units, cluster displays, center information displays, and telematics modules.
ZKW Group, acquired by LG in April 2018 for more than EUR 1.1 billion, is headquartered in Wieselburg, Austria and manufactures headlamps, rear lamps, and lighting systems that integrate ADAS sensors. ZKW employs around 9,500 people across plants in Austria, Slovakia, the Czech Republic, China, India, Mexico, South Korea, and the United States. ZKW traces its founding to Karl Zizala in Vienna in 1938 and has produced automotive lighting since 1989.
LG Magna e-Powertrain, a joint venture established with Magna International that began operations in July 2021, supplies electric motors, inverters, on-board chargers, and related EV drivetrain components. The VS Company also holds Cybellum, a vehicle cybersecurity company, as part of its software portfolio.
Financial performance
LG Electronics' VS division reported revenue of KRW 11.14 trillion and operating profit of KRW 559 billion for FY2025, both record highs, according to the company's February 2026 earnings release. The 5% operating income margin represents a significant step up from the 1.1% margin the Berylls by AlixPartners study attributes to FY2024 and from the near-breakeven results of prior years. The Berylls 2026 Top-100 study places VS division revenue at EUR 6.9 billion for FY2025, down 4.1% from EUR 7.2 billion in FY2024 -- a decline that reflects currency translation from Korean won into euros rather than a nominal contraction in the business, since LG's own reporting shows VS revenue and operating profit at record levels. The VS Company has posted automotive revenue growth for ten consecutive years since the division was formally established in 2013.
The division held an order backlog of approximately KRW 100 trillion at the time of the FY2025 results, providing multi-year revenue visibility. Combined operating profit from VS and LG's Eco Solution company -- the company's two core B2B pillars -- exceeded KRW 1 trillion for the first time in FY2025.
Ownership and history
LG Electronics Inc. was founded in 1958 as GoldStar Co., Ltd. and adopted the LG Electronics name in 1995. The company is listed on the Korea Exchange under ticker 066570 and is part of the LG Group, controlled by the Koo family. LG Electronics is headquartered at LG Twin Towers, Yeongdeungpo-gu, Seoul.
The VS Company was formally established within LG Electronics in June 2013, marking LG's entry into the automotive components market as a strategic growth priority. The company acquired ZKW Group in 2018 and formed the LG Magna e-Powertrain joint venture in 2021. LG Electronics appointed Lyu Jae-cheol as group CEO in December 2025, succeeding William Cho. Eun Seok-hyun, who has led the VS Company and presented the division's Vision 2030 roadmap at its 10th anniversary event in 2023, was promoted to president in November 2025.
Certifications and quality
LG Electronics Nanjing Vehicle Components Co., Ltd. holds IATF 16949:2016 certification, per the DQS Global certification database, with a scope covering design and manufacturing of audio-video navigation systems, telematics units, cluster displays, and center information displays; the certificate was current as of May 2025. IATF 16949 is the automotive-sector quality management standard required by most major OEMs as a condition of supply.
Known customers
Three OEM relationships are documented in LG press releases or independent trade coverage. General Motors named LG a 2024 Supplier of the Year, awarding the Creativity Team Award for in-vehicle entertainment and connectivity at GM's 33rd annual supplier event in Arizona in April 2025; LG has been a GM supplier since 2006, per the company's own press release. Volkswagen Group named LG its top supplier and awarded LG the Partnership Award at the Volkswagen Group Award 2024, per KED Global coverage in July 2024. Hyundai Motor Group, including Genesis and Kia, selected LG's webOS for Automotive infotainment platform for new Genesis models, per LG's November 2023 press release; separate KED Global coverage in November 2023 also confirmed LG supply of the infotainment system for the Genesis GV80.
Recent news
August 2026 -- LG and NVIDIA announced an expanded strategic partnership covering autonomous driving, AI factories, robotics, and mobility systems. Per a joint press release, LG Electronics will integrate its in-vehicle infotainment capabilities with NVIDIA's DRIVE Hyperion autonomous driving platform for next-generation AI-defined vehicles.
April 2025 -- LG was named a 2024 Supplier of the Year by General Motors, honored at GM's 33rd annual supplier event in Arizona (LG press release).
July 2024 -- Volkswagen Group awarded LG the Partnership Award at the 2024 Volkswagen Group Awards, naming LG its top supplier in the relevant category (KED Global).
Frequently asked questions
What does LG Electronics VS make?
LG Electronics' Vehicle Solution (VS) Company makes automotive electronics in three segments: in-vehicle infotainment systems -- including head units, digital cockpit displays, telematics modules, and the webOS for Automotive platform -- supplied under the VS Company brand; automotive lighting systems, including headlamps and ADAS-integrated lighting, supplied through the ZKW Group subsidiary headquartered in Wieselburg, Austria; and electric vehicle powertrain components -- motors, inverters, and on-board chargers -- supplied through the LG Magna e-Powertrain joint venture with Magna International.
Who are LG Electronics VS's customers?
Documented automotive customers include General Motors, named LG a 2024 Supplier of the Year for in-vehicle entertainment and connectivity; Volkswagen Group, which named LG its top supplier at the 2024 Group Awards; and Hyundai Motor Group, including Genesis and Kia, which selected LG's webOS for Automotive platform for new Genesis models. The VS Company serves global OEMs across Europe, North America, and Asia, but most customer and program details are not publicly disclosed.
What is LG Electronics VS's annual revenue?
LG Electronics' VS division reported KRW 11.14 trillion in revenue for FY2025, both a record and a ten-consecutive-year growth streak since the VS Company was established in 2013, per the company's February 2026 earnings release. The Berylls by AlixPartners Top-100 2026 study places VS automotive revenue at EUR 6.9 billion for FY2025.
Where is LG Electronics VS headquartered?
LG Electronics is headquartered at LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, South Korea. The VS Company operates within LG Electronics' Seoul headquarters structure. Its ZKW Group subsidiary is headquartered in Wieselburg, Austria, and LG Magna e-Powertrain, the EV powertrain joint venture, operates manufacturing facilities in South Korea, the United States, and other locations.
Who owns LG Electronics?
LG Electronics Inc. is listed on the Korea Exchange (ticker 066570) and is part of the LG Group, the South Korean conglomerate controlled by the Koo family. The VS Company is a fully internal business unit of LG Electronics, not a separate listed entity. ZKW Group is a subsidiary owned 70% by LG Electronics and 30% by LG Corp., acquired in 2018 for more than EUR 1.1 billion. LG Magna e-Powertrain is a joint venture shared equally with Magna International.
Last verified September 2026. Is this your company? Request a correction.
Leadership
Lyu Jae-cheol
CEO, LG Electronics
Eun Seok-hyun
President, LG Vehicle Solution (VS) Company
Location & contact
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