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LG Electronics
LG Electronics Inc. () is a South Korean Multinational corporation, multinational major appliance and consumer electronics corporation headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG, LG Corporation, the fourth largest ''chaebol'' in South Korea, and often considered as the pinnacle of LG Corp with the group's chemical and battery division LG Chem. It comprises four business units: home entertainment, mobility, home appliances & air solutions, and business solutions. LG Electronics acquired Zenith Electronics, Zenith in 1995 and is the largest shareholder of LG Display, the world's largest display company by revenue in 2020. LG Electronics is also the world's second largest television manufacturer behind Samsung Electronics. The company has 128 operations worldwide, employing 83,000 people. History 1958–1960s In 1958, LG Electronics was founded as ''GoldStar'' (). It was established in the aftermath of the Korean War to provide the rebuild ...
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LG Chem
LG Chem Ltd. ( Korean: LG화학), often referred to as LG Chemical, is the largest Korean chemical company and is headquartered in Seoul, South Korea. It was the 9th largest chemical company in the world by sales in 2021. It was first established as the Lucky Chemical Industrial Corporation, which manufactured cosmetics. It is now solely a business-to-business company (consumer products division was spun off into LG Household & Health Care). The company has eight factories in South Korea and a network of 29 business locations in 15 countries. This network includes a holding company in China, 14 overseas manufacturing subsidiaries, five marketing subsidiaries, seven representative offices, and two R&D centers. The ''Financial Times'' reported on April 2, 2017, that LG Chem would be expanding battery production in China. At the time, China accounted for one-third of the company's total sales. In April 2019, LG Chem sued rival SK Innovation for allegedly stealing trade secrets for ...
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LG Uplus
LG Uplus Corp. (; stylized as LG U+, ) is a South Korean mobile network operator owned by LG Corporation. It was formerly known as LG Telecom, but changed to its current name on July 1, 2010. LG Uplus is the second-largest wireless carrier in South Korea, with 18.411 million subscribers as of Q4 2023. The carrier adopted its current name after the July 2010 merger with another two LG telecommunication subsidiaries, Dacom and Powercom. LG U+ offers a variety of mobile services. GeForce Now distributes by U+ 5G in South Korea, and MusicON was discontinued music service for Feature Phones. Kakaonavi recently partnered with LG U+. History After a decision of the state-owned Korea Telecom to sell its cellular business to private investors in 1994, the South Korean government opened the telecommunications sector up to competition. Korea Telecom would later relaunch its cellular business with KT Freetel in 1996. LG entered the wireless communications market in 1996 by acquiring a CD ...
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LG Display
LG Display Co., Ltd. ( Korean: LG 디스플레이) is one of the world's largest manufacturers and supplier of thin-film transistor liquid crystal display ( TFT-LCD) panels, OLEDs and flexible displays. LG Display is headquartered in Seoul, South Korea, and currently operates nine fabrication facilities and seven back-end assembly facilities in South Korea, China, Poland and Mexico. LG Display has manufactured displays used in products such as the iPhone 14 Pro and Sony's OLED TVs. History LG Display was originally formed as a joint venture by the Korean electronics company LG Electronics and the Dutch company Philips in 1999 to manufacture active matrix liquid crystal displays (LCDs) and was formerly known as LG.Philips LCD, but Philips sold off all its shares in late 2008. Both companies also had another joint venture, called LG.Philips Displays, dedicated to manufacturing cathode ray tubes, deflection yokes, and related materials such as glass and phosphors. On 12 ...
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LG Household & Health Care
LG H&H Co., Ltd., formerly LG Household & Health Care, is a major South Korean consumer goods company that manages cosmetics, household goods, and beverages business. It is also the South Korean bottler of the Coca-Cola system. Summary History Founded in 1947, Koo In-Hwoi (Founder of LG Corp) established Lucky Chemical Industrial Corp, and launched "Lucky Cream," the very first cosmetics product in Korea. In 1954, the company also launched Korea's first toothpaste brand, 'Lucky Toothpaste'. In February 1995, the company changed its name to LG Chemical Ltd. In April 2001, LG Household & Health Care spun off from LG Chemical, and was listed on the Korean Stock Exchange. Since current CEO & Vice Chairman, Suk Y. Cha joined the company in 2005, the business made a successful turnaround, and the company's growth was further driven by strategic M&As. Currently, LG Household & Health Care is expanding its cosmetics and personal care business into global market. M&A When LG Househ ...
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LG Energy Solution
LG Energy Solution Ltd. (LGES; ) is a battery company headquartered in Seoul, South Korea. LGES is one of the largest battery makers in the world alongside CATL, Panasonic, SK Innovation, and Samsung SDI. History LG Chem Energy Solution Business Division (1992–2020) LG Chem started a battery business after LG Group chairman Koo Bon-moo visited the United Kingdom Atomic Energy Authority office in 1992. After the visit, Koo brought rechargeable battery samples and began research into the emerging technology. LG Chem produced Korea's first lithium-ion battery in 1999 and began supplying automotive batteries for the Chevrolet Volt produced by General Motors in the late 2000s. Later, the company became a battery supplier to global car makers, including Ford, Chrysler, Audi, Renault, Volvo and SAIC Motor. LG Energy Solution (2020–present) In September 2020, LG Chem announced that it would spin off its battery business to cope with growing demand from global automotive ...
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LG Innotek
LG Innotek Co., Ltd. (), an affiliate of LG Group, is an electronic component manufacturer headquartered in Seoul, South Korea. LG Innotek produces core components of mobile devices, automotive displays, semiconductors, and smart products. Most of the company's revenue is generated from selling camera modules for the iPhone The iPhone is a line of smartphones developed and marketed by Apple that run iOS, the company's own mobile operating system. The first-generation iPhone was announced by then–Apple CEO and co-founder Steve Jobs on January 9, 2007, at .... History LG Innotek was set up as Goldstar Precision in 1970. LG Innotek spun off its defense business, NEXFuture1, and sold it to LIG Group in 2004. LG Innotek merged LG Micron, another LG Group component-producing arm, in July 2009. In Oct 2024. LG Innotek, said it has developed a high-performing magnet that requires zero heavy rare-earth metals in collaboration with the Korea Institute of Materials Sci ...
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Koo Kwang-mo
Koo Kwang-mo (; born January 23, 1978) is a South Korean businessman. The chairman of LG, he is among the richest people in South Korea. , Forbes estimated his net wealth to be US$1.5 billion and ranked him 19th richest in South Korea. Biography He was born on January 23, 1978 in Seoul, South Korea. He is the eldest son of Koo Bon-neung, the former chairman of . His father is a brother of former LG Group chairman Koo Bon-moo; his great-grandfather is Koo In-hwoi, the founder of LG Group. He graduated from in 1995 and from Rochester Institute of Technology in New York, United States with a bachelor's in computer science. He joined LG Electronics as a deputy manager of the finance team. In 2004, he was adopted by Koo Bon-moo. Koo Bon-moo had lost his own eldest son to an accident in 1994. Koo Kwang-mo pursued an MBA at Stanford University Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research univers ...
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Zenith Electronics
Zenith Electronics, LLC, is an American research and development company that develops ATSC and digital rights management technologies. It is owned by the South Korean company LG Electronics. Zenith was previously an American brand of consumer electronics, a manufacturer of radio and television receivers and other consumer electronics, and was headquartered in Glenview, Illinois. After a series of layoffs, the consolidated headquarters moved to Lincolnshire, Illinois. For many years, their famous slogan (borrowed from Crown Piano maker George Bent of Chicago, used through the 1890s) was "The quality goes in before the name goes on". LG Electronics acquired a controlling share of Zenith in 1995; Zenith became a wholly owned subsidiary in 1999. Zenith was the inventor of subscription television and the modern remote control, and was the first to develop high-definition television (HDTV) in North America. Zenith-branded products were sold in North America, Germany, Thailand (to ...
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Koo In-hwoi
Koo In-hwoi (, 26 August 1906 – 31 December 1969) was a South Korean businessman and the co-founder of LG Group,https://www.forbes.com/profile/koo-family-lg, retrieved 25 January 2025 one of the largest chaebols in South Korea. Life Koo In-hwoi is the 14th generation descendant of Gu Sa-min (), the younger brother of Gu Sa-maeng () as well the uncle of Queen Inheon. Both of them were 12th generation descendants of Gu Seong-ro (), an officer who accompanied Yi Seong-gye during Wihwado Retreat. After completing his secondary education at the Central Normal Higher School, Seoul in 1924, he soon made his start as a businessman. He returned to his hometown in 1926, and quickly went on to head the village's business cooperative union while also trading miscellaneous goods. The following year, he became head of the Dong-A Ilbo newspaper's branch office in Jisu. In 1931, he opened a store along with younger brother Koo Chul-hwoi in Jinju, South Gyeongsang. Things didn't go as ...
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Seoul
Seoul, officially Seoul Special Metropolitan City, is the capital city, capital and largest city of South Korea. The broader Seoul Metropolitan Area, encompassing Seoul, Gyeonggi Province and Incheon, emerged as the world's List of cities by GDP, sixth largest metropolitan economy in 2022, trailing behind New York metropolitan area, New York, Greater Tokyo Area, Tokyo, Greater Los Angeles, Los Angeles, Paris metropolitan area, Paris, and London metropolitan area, London, and hosts more than half of South Korea's population. Although Seoul's population peaked at over 10 million, it has gradually decreased since 2014, standing at about 9.6 million residents as of 2024. Seoul is the seat of the Government of South Korea, South Korean government. Seoul's history traces back to 18 BC when it was founded by the people of Baekje, one of the Three Kingdoms of Korea. During the Joseon dynasty, Seoul was officially designated as the capital, surrounded by the Fortress Wall of Seoul. I ...
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Yeongdeungpo District
Yeongdeungpo District () is one of the List of districts of Seoul, 25 districts of Seoul, South Korea. Although the origin of the name is uncertain, the first two syllables are thought to be from "''yeongdeung''" (靈登) or "divine ascent", a Korean shamanism, shamanic rite. The third syllable is "''po''", representing the bank of a river (浦), referring to the district's position on the Han River (Korea), Han River. The 2006 population was 408,819. There are 22 administrative Subdivisions of South Korea, ''dong'' and 34 legal ''dong''. Yeouido-dong is the largest in area and takes up about 34% of the land. The total area is (2004), making up 4% of Seoul's land. The annual budget is approximately 2 billion won. Yeongdeungpo District has been heavily developed as an office, commercial, and residential district. Yeouido Dong is home to DLI 63 Building, the highest office building in South Korea and currently the 3rd tallest building in the country. The Korea National Ass ...
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