LG Electronics

LG Electronics Inc. (Korean: 엘지 전자; RR: Elji Jeonja) is a South Korean multinational major appliance and consumer electronics corporation headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG Corporation, the fourth largest chaebol in South Korea, and often considered as the pinnacle of LG Corp with the group's chemical and battery division LG Chem. It comprises four business units: home entertainment, mobile communications, home appliances & air solutions, and vehicle components. LG Electronics acquired Zenith in 1995 and is the largest shareholder of LG Display, the world's largest display company by revenue in 2020. LG Electronics is also the world's second largest television manufacturer behind Samsung Electronics. The company has 128 operations worldwide, employing 83,000 people.

LG Electronics Inc.
Company typePublic
ISINUS50186Q2021
IndustryConsumer electronics
Home appliances
Computer hardwares
PredecessorGoldStar (1958–2002)
Founded
  • October 1958 (1958-10) (as GoldStar)
  • March 1995 (1995-03) (as LG Electronics; re-incorporated in 2002)
FounderKoo In-hwoi (The original GoldStar)
HeadquartersLG Digital Twin Tower 128, Yeouido-dong, Yeongdeungpo District, Seoul, South Korea
Area served
Worldwide
Key people
  • Kwang-Mo Koo (chairman)
  • Jo Seong-Jin (vice chairman and CEO) (acting)
  • Jung Do-Hyun (president and CFO)
  • I. P. Park (President and CTO)
ProductsSee products listing
Revenue 83.5 trillion (2022)
₩3.6 trillion (2022)
₩1.9 trillion (2022)
Total assets ₩55.15 trillion (2022)
Total equity ₩22.5 trillion (2022)
OwnerLG Corporation (33%)
Number of employees
75,000+ (2022)
Websitelg.com/global
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