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