LG tops 1 million home appliance chips, spins off PADO for GPU compute leasing

LG Electronics is expanding its AI footprint on two fronts: shipments of its in-house appliance chips have passed 1 million units, and the company has spun off a startup called PADO to lease GPU compute.

• LG's home appliance chip volume has topped 1 million units
• LG spun off startup PADO to target GPU compute leasing
• LG is growing its AI business across chips and cloud services