LG Corporation

LG Corporation (Hangul: 주식회사 LG), formerly Lucky-Goldstar (Korean:

LG Group (Corporation)
Leogki Geumseong; Hangul: 럭키금성; Hanja: 樂 喜 金 星 ), is a South Korean
주식회사 LG
multinational conglomerate corporation. It is the fourth-largest chaebol in South
Korea. It is headquartered in the LG Twin Towers building in Yeouido-dong,
Yeongdeungpo District, Seoul.[2] LG makes electronics, chemicals, and telecom
products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG
Uplus, LG Innotek and LG Chem in over 80 countries.

Contents
History
Joint ventures
International markets
Logo
Associated companies Headquarters at Yeouido-dong,
Structure and financial position Yeongdeungpo District in Seoul,
Group families[21] South Korea
Electronics industries
Chemical industries Formerly Lucky-Goldstar
Telecommunications (1958–1995)
Type Public
Sports sponsorship
Brand ambassadors Traded as KRX: 003550

References Industry Conglomerate

External links Founded 5 January 1947
Founder Koo In-hwoi
Headquarters Seoul, South Korea
History
Area served Worldwide
LG Corp. established as Lak Hui Chemical Industrial Corp. in 1947.[3] In 1952, Lak
Key people Koo Kwang-mo
Hui (pronounced "Lucky", currently LG Chem) became the first South Korean (Chairman and CEO)
company to enter the plastics industry. As the company expanded its plastics Kwon Young-soo
business, it established GoldStar Co. Ltd. (currently LG Electronics Inc.) in 1958. (Vice Chairman)
Both companies Lucky and GoldStar merged and formed Lucky-Goldstar in Electronics,
Products
1983.[4] chemicals,
telecommunications,
GoldStar produced South Korea's first radio.[4] Many consumer electronics were
engineering,
sold under the brand name GoldStar, while some other household products (not information
available outside South Korea) were sold under the brand name of Lucky. The technology, power
Lucky brand was famous for hygiene products such as soaps and HiTi laundry generation
detergents, but the brand was mostly associated with its Lucky and Perioe Revenue US$147.2 billion
toothpaste. LG continues to manufacture some of these products for the South (2018)
Korean market, such as laundry detergent. Number of 222,000 (2012)[1]
employees
Koo Bon-moo renamed the company to LG in 1995.[4] The company also associates Subsidiaries LG Electronics
the letters LG with the company's tagline "Life's Good". Since 2009, LG has owned LG Display
the domain name LG.com. LG Uplus
LG Chem
In July 2018, it was announced that Koo Kwang-mo the only son of Koo Bon-moo LG Solar Energy
will be the new CEO citing "first son-only succession rule".[5] Koo Kwang-mo's LG Household &
father died of a brain tumor on May 20, 2018[6] Health Care
Website lgcorp.com
lg.com
Joint ventures
Since 2000, LG and Hitachi created a joint venture called Hitachi-LG Data Storage. Korean name
In 2001, LG had two joint ventures with Royal Philips Electronics: LG Philips Hangul LG법인
Display and LG Philips LCD, but Philips sold off its shares in late 2008.[7] In 2005,
Hanja LG法人
LG entered into a joint venture withNortel Networks, creating LG-Nortel Co. Ltd.
Revised LG Beobin
Romanization
International markets McCune– LG Pŏbin
On 30 November 2012,comScore released a report of the October 2012 U.S. Mobile Reischauer
Subscriber Market Share that found LG lost its place as second in the U.S. mobile (Formerly)
market share to Apple Inc.[8]
Hangul 럭키금성
On 20 January 2013, Counterpoint Research announced that LG has overtaken Hanja 樂喜金星
Apple to become second largest in U.S. market share.[9]
Revised Leogki
On 7 August 2013, comScore released a report of the June 2013 U.S. Smartphone Romanization Geumseong
Subscriber Market Share that found LG fell to fifth place in the U.S mobile market McCune– Lŏkki Kǔmsŏng
share.[10] Reischauer

Logo
The company logo of LG
features a circle containing the
letters "L" and "G", presented
in the form of a smiling human
face.[11][12]

Stake ownership structures (as of 2012)

 The original LG The new LG corporate
An LG microwave oven
corporate logo, used logo in use from January
from January 1, 1995, 1, 2015, using a different
until December 31, 2014, typeface, along with a
in Helvetica typeface. slightly darker magenta.

The audio logo is used in radio commercial and TV commercial that is 7 note jingle
for LG.

Associated companies
LG's ad campaigns have sometimes
GS Group utilized celebrities such as South
LG CNS India Korean pop girl group Girls'
LS Group Generation for their products, such
LIG Group as this for the LG Cookie cell phone
Lejel Group in 2010.
Heesung Group
SPC Group

Structure and financial position

LG Corporation is a holding company that operates worldwide through more than 30
companies in the electronics, chemical, and telecom fields. Its electronics
subsidiaries manufacture and sell products ranging from electronic and digital home
appliances to televisions and mobile telephones, from Thin-film-transistor liquid-
crystal displays to security devices and semiconductors. In the chemical industry,
subsidiaries manufacture and sell products including cosmetics, industrial textiles,
rechargeable batteries and toner products, polycarbonates, medicines, and surface
decorative materials. Its telecom products include long-distance and international
phone services, mobile and broadband telecommunications services, as well as
consulting and telemarketing services. LG also operates the Coca-Cola Korea
Bottling Company, manages real estate, offers management consulting, and operates
professional sports clubs.
LG Side-By-Side Refrigerator (KF-
P8903 HLP)
2013 Division revenue
Fields of activity Companies
(in billions USD)
Holding company LG Corp. US$8.8 billion[13]
US$55.8 billion[14]
LG Electronics US$25.9 billion[15]
Electronic industry LG Display US$5.9 billion[16]
LG Innotek N/A
N/A
Chemical industry LG Chem US$22.2 billion[17]
 US$22.2 billion
LG Household & US$4.1 billion[18]
Health Care US$2.6 billion[19]
LG Hausys N/A
LG MMA N/A
LG Uplus
US$11 billion[20]
LG International
Telecommunication Corp. US$11.6 billion [20]
and Services LG CNS N/A
SERVEONE N/A
LG N-Sys N/A

Group families[21]

Electronics industries
LG Electronics
LG Appliances
LG Display
LG Innotek
Silicon Works
ZKW Group

Chemical industries
LG Chem
SEETEC
LG Household & Health Care
Ĭsa Knox
Haitai HTB
The Face Shop
Beyond
Coca-Cola Beverage Company (South Korea)
LG Hausys
LG Tostem BM
LG MMA

LG Lever Korea

Food & Beverages

Home Care
Personal Care

Telecommunications
LG U+
CS Leader
CS ONE Partner
LG CNS
V-ENS
BIZTECH & EKTIMO
Ucess Partners
LG International
monkey house
pixdix
G2R
 HS Ad
Twenty Twenty

Sports sponsorship
LG has owned the LG Twins and Changwon LG Sakers.

2013 Special Olympics World Winter Games

Bayer 04 Leverkusen
Changwon LG Sakers
Copa América
FIS Snowboard World Cup
Formula One
Swansea City A.F.C.
Manchester City FC
International Cricket Council
LG Cup (association football)
LG Cup (Go)
LG Twins
Los Angeles Dodgers
Texas Rangers (baseball)
Millonarios Fútbol Club
NCAA (all programs)
Son Heung-min
Son Yeon-jae
LG sponsored Bundesliga club Bayer 2011 Copa América
Leverkusen

2012 Korean Grand Prix 2011–12 FIS Snowboard World Cup

Los Angeles Dodgers Son Yeon-jae

Angela Park Fulham F.C.

2008–09 AEK Athens F.C. home kit Song Il Gook

Brand ambassadors
Akshay Kumar (2010)
David Warner (cricketer) (2014)

References
1. "LG overview" (http://www.lgcorp.com/about/overview.dev). LG corp. Retrieved 7 April 2013.
2. "Overview (http://www.lg.com/global/about-lg/corporate-information/at-a-glance/overview.jsp)". LG Corp. Retrieved
on 6 January 2010. "Address: LG Twin Towers, 20 Yeouido-dong, Yeongdeungpo-gu, Seoul 150–721, Korea"
3. "HISTORY - The Official Site of LG Group"(https://web.archive.org/web/20081119141239/http://www .lg.net/about/his
tory/history01.jsp). www.lg.net. Archived from the original (http://www.lg.net/about/history.dev) on 19 November
2008.
4. Song, Su-hyun. "LG founder bequeaths principle of harmony
, sustainable growth" (http://www.koreaherald.com/view.
php?ud=20170212000158). The Korea Herald.
5. Ji-yoon, Lee (10 July 2018)."The Investor" (http://www.theinvestor.co.kr/view.php?ud=20180710000687). Retrieved
29 April 2019.
6. "LG Chair Koo Bon-moo, Who Ran Company for 23 e Yars, Dies at 73" (http://fortune.com/2018/05/20/koo-bon-moo-l
g-dies/). Fortune. 20 May 2018. Retrieved 29 April 2019.
7. LG Display shares drop 5.4 percent on Philips stake sale(https://www.reuters.com/article/hotStocksNews/idUSTRE5
2B0BN20090312). Reuters. Retrieved on 11 November 2010.
 8. comScore Reports October 2012 U.S. Mobile Subscriber Market Share – comScore, Inc
(http://www.comscore.com/I
nsights/Press_Releases/2012/11/comScore_Reports_October_2012_U.S._Mobile_Subscriber_Market_Share) .
Comscore.com (2012-11-30). Retrieved on 2013-07-12.
9. (in Korean) LG Electronics returns to 2nd place in U.S. handset market(http://english.yonhapnews.co.kr/techscienc
e/2013/01/20/30/0601000000AEN20130120001000320F .HTML). Yonhap News (2013-01-20). Retrieved on 2013-
07-12.
10. comScore Reports June 2013 U.S. Smartphone Subscriber Market Share – comScore, Inc
(http://www.comscore.co
m/Insights/Press_Releases/2013/8/comScore_Reports_June_2013_U.S._Smartphone_Subscriber_Market_Share) .
Comscore.com (2013-08-07). Retrieved on 2013-08-14.
11. "Our Brand" (http://www.lg.com/global/about-lg/brand-identity). LG Electronics. Retrieved 20 August 2013.
12. "LG Logo: Design and History"(http://www.famouslogos.net/lg-logo). FamousLogos.net. Retrieved 12 October 2011.
13. "LG CORP (003550:Korea SE): Financial Statements - Bloomberg"(http://www.investing.businessweek.wallst.com/r
esearch/stocks/financials/financials.asp?ticker=003550:KS&dataset=incomeStatement&period=A&currency=US%20
Dollar). businessweek.wallst.com. Retrieved 3 September 2018.
14. "LG ELECTRONICS INC (066570:Korea SE): Financial Statements - Bloomberg" (http://www.investing.businesswee
k.wallst.com/research/stocks/financials/financials.asp?ticker=066570:KS&dataset=incomeStatement&period=A&curr
ency=US%20Dollar). businessweek.wallst.com. Retrieved 6 September 2018.
15. "LG DISPLAY CO LTD (034220:Korea SE): Financial Statements - Bloomberg"(http://www.investing.businessweek.
wallst.com/research/stocks/financials/financials.asp?ticker=034220:KS&dataset=incomeStatement&period=A&curre
ncy=US%20Dollar). businessweek.wallst.com. Retrieved 21 September 2018.
16. "LG INNOTEK CO LTD (011070:Korea SE): Financial Statements - Bloomberg"(http://www.investing.businessweek.
wallst.com/research/stocks/financials/financials.asp?ticker=011070:KS&dataset=incomeStatement&period=A&curre
ncy=US%20Dollar). businessweek.wallst.com. Retrieved 2 October 2018.
17. "LG CHEM LTD (051910:Korea SE): Financial Statements - Bloomberg"(http://www.investing.businessweek.wallst.c
om/research/stocks/financials/financials.asp?ticker=051910:KS&dataset=incomeStatement&period=A&currency=U
S%20Dollar). businessweek.wallst.com. Retrieved 22 October 2018.
18. "Lg Household & Health Care(051900:Korea SE)" (http://investing.businessweek.com/research/stocks/financials/fin
ancials.asp?ticker=051900:KS&dataset=incomeStatement&period=A&currency=US%20Dollar) . businessweek.com.
Retrieved 24 April 2014.
19. "Lg Hausys Ltd (108670:Korea SE)"(http://investing.businessweek.com/research/stocks/financials/financials.asp?tic
ker=108670:KS&dataset=incomeStatement&period=A&currency=US%20Dollar) . businessweek.com. Retrieved
24 April 2014.
20. "Consumer Durable Sector Analysis | T
op 8 Consumer Products Companies In India"(https://www.youtube.com/watc
h?v=avBmbnYU404). investyadnya.in. Retrieved 20 December 2018.
21. LG.com. "Our Businesses - The Official Site of LG Group" (http://www.lgcorp.com/about/affiliatesList.dev).
www.lgcorp.com.

External links
Media related to LG Group at Wikimedia Commons
Official website —(in English)

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