LG Electronics announced its intention to invest 500 billion won ($375.9 million) in shares of its home appliances and chemical units, LG Electronics and LG Chem, in order to enhance their corporate value. The investment will be carried out in two phases, with 200 billion won allocated to LG Electronics and 300 billion won to LG Chem. Following the completion of the purchase, LG's stake in LG Electronics will rise to 31.59 percent from 30.47 percent, and its interest in LG Chem will increase to 31.29 percent from 30.06 percent. The company stated that the stake increase is aimed at maintaining stable management control and improving the profitability of LG. In addition to this investment, LG plans to unveil its strategy to bolster corporate value in the fourth quarter, building on its recent initiatives to enhance shareholder value, such as the introduction of half-year dividends starting this year. These measures reflect LG's commitment to strengthening its position in the market and ensuring sustainable growth for its business units.