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LG Corp

LG Corporation
주식회사 LG
Public
Traded as KRX:
Industry Conglomerate
Founded 5 January 1947; 70 years ago (1947-01-05)
Founder Koo In-hwoi
Headquarters Seoul, South Korea
Area served
Worldwide
Key people

Koo Bon-moo
(Chairman & CEO)
Kang Yu-sig
(Vice Chairman & Co-CEO)


Lee Woo-Rahm
(Chairman)
Cho Jun-ho
(EVP, COO, & Director)
Products Electronics, chemicals, telecommunications, engineering, information technology, power generation
Revenue US$143 billion (2012)
Number of employees
220,000 (2012)
Subsidiaries LG Electronics
LG Display
LG Uplus
LG Chem
LG Life Sciences
LG Solar Energy
Website lgcorp.com
lg.com
Korean name
Hangul LG법인
Hanja LG法人
Revised Romanization LG Beobin
McCune–Reischauer LG Pŏbin
(former)
Hangul 럭키금성
Hanja 樂喜金星
Revised Romanization Leogki Geumseong
McCune–Reischauer Lŏkki Kǔmsŏng

Koo Bon-moo
(Chairman & CEO)
Kang Yu-sig
(Vice Chairman & Co-CEO)

LG Corporation (Korean: 주식회사 LG), formerly Lucky-Goldstar (Korean: Leogki Geumseong (럭키금성/樂喜金星)), is a South Korean 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-gu, Seoul. LG makes electronics, chemicals, and telecom products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus and LG Chem in over 80 countries.

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.


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