Wikipedia

LG

This is an old revision of this page, as edited by 71.196.154.124 (talk) at 22:26, 3 December 2006. The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

LG Group (slogan: "Life's Good") is a large South Korean chaebol (conglomerate), producing electronics (including domotics), mobile phones, and petrochemical products.

LG Group
Company typePublic
IndustryElectronics, Finances, Insurance
Founded1938
Headquarters
South Korea
Revenue83.5 won (2023) Edit this on Wikidata
Number of employees
229,000

Created in 1947 as "Lucky-Goldstar", it assumed the abbreviated name of "LG" in 1995. LG is also "Lucky Geumseong" (Lucky 금성) in Korea, which is translated into English as Lucky Goldstar. Before then, many electronic products were sold under the brand name Goldstar, while some other household products (not available outside Korea) were sold under the brand name of "Lucky." The Lucky brand was famous for producing household cleaning products and laundry detergents in South Korea. Before massive industrialization of South Korean society, the name Lucky was synonymous with toothpaste (similar to Kleenex referring to a facial tissue paper).

File:Goldstar logo.gif
GoldStar logo, prominently used before the introduction of the LG logo

Companies

LG has made a joint venture and created LG-Nortel Network. Since 2001, LG has two joint ventures with Royal Philips Electronics: LG Philips Display and LG Philips LCD. Capstan Communications imports and distributes LG-Nortel Business Communication Systems within the UK market.

LG also has a joint venture with Hitachi, Ltd.: Hitachi-LG Data Storage, which manufactures optical data storage solutions like DVD-ROM drives, CD writers, etc.

LG has owned the LG Twins baseball club since 1989.

Associated companies

Group families

See also

Main

Group


Retrieved from "https://en.wikipedia.org/w/index.php?title=LG&oldid=91869271"