LG Electronics Inc.

LG Electronics Inc. (Korean: LG 전자; RR: LG Jeonja) is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea.

LG Electronics is part of the fourth-largest chaebol in South Korea (LG Corporation) and in 2014 global sales reached US$55.91 billion (₩ 59.04 trillion). It comprises four business units: Home Entertainment, Mobile Communications, Home Appliances & Air Solutions and Vehicle Components, with Starion India as its main production vendor for refrigeration and washing machines in the Indian sub-continent. LG Electronics owns Zenith and controls 37.9 percent of LG Display. Since 2008, LG Electronics remains the world’s second-largest LCD television manufacturer. The company has 128 operations worldwide, employing 83,000 people.

Formerly:            GoldStar (1958–2002)

Type:                     Public

Traded as:           KRX: 066570; LSE: LGLD

Industry:              Consumer electronics, Home appliances

Founded              October 1958; 61 years ago (as GoldStar); January 1995 (as LG Electronics); (Reincorporated in 2002)

Founder:             Koo In-hwoi (The original GoldStar)

Headquarters:   LG Twin Tower 128, Yeouido-dong, Yeongdeungpo District, Seoul, South Korea

Parent:                 LG Corporation

Subsidiaries:       Zenith Electronics

Website:              www.lg.com

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