• Formerly: Lucky-Goldstar, (1983–1995); Type: Public; Traded as: KRX: 003550; Industry: Conglomerate; Founded: 5 January 1947; 75 years ago; Founder: Koo In-hwoi; Headquarters:
Seoul, South Korea; Area served: Worldwide; Key people: Koo Kwang-mo (Chairman and CEO), Kwon Young-soo, (Vice Chairman); Products: Electronics, chemicals, telecommunications, engineering, information technology, power generation; Revenue:
KRW 156 trillion (2018); Owners: Koo family (45.9%), National Pension Service (8.03%), Mirae Asset Financial Group (5.5%) ; Number of employees: 222,000 (2012); Subsidiaries: LG Electronics, LG Display, LG Uplus, LG Chem, LG Energy
Solution, LG Household & Health Care; Korean name: Revised Romanization, Jusikhoesa Elji; (Formerly): Revised Romanization, Leogki Geumseong History LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi.
 Joint ventures LG and Hitachi created joint ventures named Hitachi-LG Data Storage in 2000 and LG Hitachi Water Solutions in 2011; among other partnerships it has had,
LG has a long relationship with Hitachi dating back to the early years of Goldstar.
The first JV between the two is LG Hitachi, which has been around since 1980s when it was established to import computers to Korea.
Holding company: LG Corp.; 2013 Division revenue (in billions USD): US$8.8 billion Electronic industry: LG Electronics, LG Display, LG Innotek; 2013 Division revenue (in
billions USD): US$55.8 billion, US$25.9 billion, US$5.9 billion Chemical industry: LG Chem, LG Household & Health Care, LG Hausys, LG MMA; 2013 Division revenue (in billions USD): US$22.2 billion, US$4.1 billion, US$2.6
billion Telecommunication and Services: LG Uplus, LG International Corp., LG CNS, SERVEONE, LG N-Sys; 2013 Division revenue (in billions USD): US$11 billion, US$11.6 billion  Group families Electronics industries • LG Electronics
• LG Appliances • LG Display • LG Innotek • ZKW Group Chemical industries • LG Chem • SEETEC • LG Household & Health Care o Ĭsa Knox o Haitai HTB o The Face Shop o Beyond o CNP o CARE ZONE o VONIN • Coca-Cola Beverage Company (South
Korea) • LG Lever Korea Telecommunications • LG U+ • CS Leader • CS ONE Partner • LG CNS • V-ENS • BIZTECH & EKTIMO • Ucess Partners • Monkey House • Pixdix • G2R • HS Ad • Twenty Twenty Source Sports sponsorship LG owns the South
Korean professional baseball team LG Twins, and is the main sponsor of basketball team Changwon LG Sakers.
 In 1952, Lak Hui (pronounced “Lucky”; now LG Chem) became the first South Korean company to enter the plastics industry.
 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
Mobile Subscriber Market Share that found LG lost its place as second in the U.S. mobile market share to Apple Inc. On 20 January 2013, LG has overtaken Apple to become
second largest in U.S. market share.
 Associated companies • GS Group • LS Group • LIG Group • 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.
 The company also associates the letters LG with the company’s tagline “Life’s Good”.
LG Corporation (or LG Group), formerly Lucky-Goldstar from 1983 to 1995 (Korean: Leokki Geumseong), is a South Korean multinational conglomerate founded by Koo In-hwoi and
managed by successive generations of his family.
LG also operates the Coca-Cola Korea Bottling Company, manages real estate, offers management consulting, and operates professional sports clubs.
As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) in 1958.
 On 7 August 2013, comScore released a report of the June 2013 U.S. Smartphone Subscriber Market Share that found LG fell to fifth place in the U.S mobile market share.
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“HISTORY — The Official Site of LG Group”. www.lg.net. Archived from the original on 19 November 2008.
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Who Ran Company for 23 Years, Dies at 73”. Fortune. 20 May 2018. Retrieved 29 April 2019.
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Lee (10 July 2018). “The Investor”. Retrieved 29 April 2019.
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“LG and Magna announce billion dollar joint venture in electric car gear”. www.reuters.com. Thomson Reuters. 23 December 2020. Retrieved 11 April 2021.
o ^ comScore Reports October 2012 U.S. Mobile Subscriber Market Share – comScore, Inc. Comscore.com
(30 November 2012). Retrieved on 2013-07-12.
o ^ (in Korean) LG Electronics returns to 2nd place in U.S. handset market. Yonhap News (20 January 2013). Retrieved on 2013-07-12.
o ^ comScore Reports June 2013 U.S. Smartphone Subscriber Market Share
– comScore, Inc. Comscore.com (7 August 2013). Retrieved on 2013-08-14.
o ^ “LG CORP (003550:Korea SE): Financial Statements”. Bloomberg. Retrieved 3 September 2018.
o ^ “LG ELECTRONICS INC (066570:Korea SE): Financial Statements”. Bloomberg.
Retrieved 6 September 2018.
o ^ “LG DISPLAY CO LTD (034220:Korea SE): Financial Statements”. Bloomberg. Retrieved 21 September 2018.
o ^ “LG INNOTEK CO LTD (011070:Korea SE): Financial Statements”. Bloomberg. Retrieved 2 October 2018.
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CHEM LTD (051910:Korea SE): Financial Statements”. Bloomberg. Retrieved 22 October 2018.
o ^ “Lg Household & Health Care (051900:Korea SE)”. Bloomberg. Retrieved 24 April 2014.
o ^ “Lg Hausys Ltd (108670:Korea SE)”. Bloomberg. Retrieved 24 April
o ^ Jump up to:a b “Consumer Durable Sector Analysis | Top 8 Consumer Products Companies In India”. investyadnya.in. Retrieved 20 December 2018.
o ^ LG.com. “Our Businesses – The Official Site of LG Group”. www.lgcorp.com. Archived from
the original on 25 April 2017. Retrieved 7 April 2017.
o ^ “Texas Rangers, LG Twins announce partnership agreement”. Major League Baseball. 21 February 2018. Retrieved 22 June 2019.
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