History
LG Corp. established as Lak-Hui Chemical Industrial Corp. in 1947.
In 1952, Lak-Hui (pronounced "Lucky", currently LG Chem) became the first Korean company to enter the plastics industry. As the company expanded its plastic business, it established GoldStar Co. Ltd. (currently LG Electronics Inc.) In 1958, both companies Lucky and GoldStar merged and formed Lucky Goldstar.
GoldStar produced South Korea's first radio. Many consumer electronics were sold under the brand name GoldStar, while some other household products (not available outside South Korea) were sold under the brand name of Lucky. The Lucky brand was famous for hygiene products such as soaps and HiTi laundry detergents, but the brand was mostly associated with its Lucky and Perioe toothpaste. Even today, LG continues to manufacture some of these products for the South Korean market, such as laundry detergent.
In 1995, to compete better in the Western market, the Lucky-Goldstar Corporation was renamed "LG". The company also associates the letters LG with the company's tagline "Life's Good". Since 2009, LG has owned the domain name LG.com.
Group families
Electronics industries
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LG Electronics
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LG Display
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LG Innotek
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Hiplaza
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Hi
Logistics
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Siltron
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Lusem
Chemical industries
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LG Chem
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SEETEC
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Ĭsa Knox
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Beyond
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Coca-Cola Beverage
Company (South Korea)
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LG Hausys
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LG TOSTEM BM
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LG MMA
Telecommunications
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LG U+
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CS Leader
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A•IN
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LG Dacom
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LG Powercom
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DACOM Crossing
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DACOM Multimedia
Internet
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CS ONE Partner
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LG CNS
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LG N-Sys
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V-ENS
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BIZTECH & EKTIMO
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Ucess Partners
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SERVEONE
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LG International
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monkey house
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pixdix
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Korea Commercial Vehicle
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G2R
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HS Ad
LG's innovative
technologies, unique products, and cutting-edge designs are an investment in
the future.
With
2014 global sales of USD 55.91 billion (KRW 59.04 trillion), LG comprises four
business units - Home Entertainment, Mobile Communications, Home Appliance
& Air Solution, and Vehicle Components - and is one of the world's leading
producers of flat panel TVs, mobile devices, air conditioners, washing machines
and refrigerators. LG Electronics is a 2014 ENERGY STAR Partner of the Year.
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