LG Corp.
LG Corporation (or LG Group), formerly known as Lucky-Goldstar, is a South Korean multinational conglomerate founded by Koo In-hwoi in 1947 and managed by successive generations of his family. It is the fourth-largest company in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul. LG makes electronics, chemicals, household appliances, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, LG Energy Solution and LG AI Research in over 80 countries. History LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi. Its first product was "Lucky Cream", the first Korean make-up cream. In 1952, Lak Hui () (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Yeoui-dong
Yeoui-dong () is a '' dong'' (neighborhood) of Yeongdeungpo District, Seoul, South Korea. Before 1 July 1980 it was called Yeouido-dong. Attractions * National Assembly of South Korea * Munhwa Broadcasting Corporation (MBC) * Korean Broadcasting System (KBS) - KBS New Wing Open Hall located in Yeoui-dong, is the broadcast and recording studio A recording studio is a specialized facility for Sound recording and reproduction, recording and Audio mixing, mixing of instrumental or vocal musical performances, spoken words, and other sounds. They range in size from a small in-home proje ... of many KBS programs with a studio audience: namely, the live weekly music show '' Music Bank''. * 63 Building * Yeouido * Yeouido Park * International Financial Center Seoul :*IFC Office Towers - opened in 2011 :*IFC Mall Seoul - opened in August 2012 :* Conrad Seoul - opened on 12 November 2012 * Yoido Full Gospel Church Economy Hanjin Shipping, LG Corp., [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Household Appliance
A home appliance, also referred to as a domestic appliance, an electric appliance or a household appliance, is a machine which assists in household functions such as cooking, cleaning and food preservation. The domestic application attached to home appliance is tied to the definition of appliance as "an instrument or device designed for a particular use or function". ''Collins English Dictionary'' defines "home appliance" as: "devices or machines, usually electrical, that are in your home and which you use to do jobs such as cleaning or cooking". The broad usage allows for nearly any device intended for domestic use to be a home appliance, including consumer electronics as well as stoves, refrigerators, toasters and air conditioners. The development of self-contained electric and gas-powered appliances, an American innovation, emerged in the early 20th century. This evolution is linked to the decline of full-time domestic servants and desire to reduce household chores, allo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Chemical Substance
A chemical substance is a unique form of matter with constant chemical composition and characteristic properties. Chemical substances may take the form of a single element or chemical compounds. If two or more chemical substances can be combined without reacting, they may form a chemical mixture. If a mixture is separated to isolate one chemical substance to a desired degree, the resulting substance is said to be chemically pure. Chemical substances can exist in several different physical states or phases (e.g. solids, liquids, gases, or plasma) without changing their chemical composition. Substances transition between these phases of matter in response to changes in temperature or pressure. Some chemical substances can be combined or converted into new substances by means of chemical reactions. Chemicals that do not possess this ability are said to be inert. Pure water is an example of a chemical substance, with a constant composition of two hydrogen atoms bo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Electronics
Electronics is a scientific and engineering discipline that studies and applies the principles of physics to design, create, and operate devices that manipulate electrons and other Electric charge, electrically charged particles. It is a subfield of physics and electrical engineering which uses Passivity (engineering), active devices such as transistors, diodes, and integrated circuits to control and amplify the flow of electric current and to convert it from one form to another, such as from alternating current (AC) to direct current (DC) or from analog signal, analog signals to digital signal, digital signals. Electronic devices have significantly influenced the development of many aspects of modern society, such as telecommunications, entertainment, education, health care, industry, and security. The main driving force behind the advancement of electronics is the semiconductor industry, which continually produces ever-more sophisticated electronic devices and circuits in respo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Yeouido-dong
Yeoui-dong () is a '' dong'' (neighborhood) of Yeongdeungpo District, Seoul, South Korea. Before 1 July 1980 it was called Yeouido-dong. Attractions * National Assembly of South Korea * Munhwa Broadcasting Corporation (MBC) * Korean Broadcasting System (KBS) - KBS New Wing Open Hall located in Yeoui-dong, is the broadcast and recording studio A recording studio is a specialized facility for Sound recording and reproduction, recording and Audio mixing, mixing of instrumental or vocal musical performances, spoken words, and other sounds. They range in size from a small in-home proje ... of many KBS programs with a studio audience: namely, the live weekly music show '' Music Bank''. * 63 Building * Yeouido * Yeouido Park * International Financial Center Seoul :*IFC Office Towers - opened in 2011 :*IFC Mall Seoul - opened in August 2012 :* Conrad Seoul - opened on 12 November 2012 * Yoido Full Gospel Church Economy Hanjin Shipping, LG Corp., [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Conglomerate (company)
A conglomerate () is a type of multi-industry company that consists of several different and unrelated List of legal entity types by country, business entities that operate in various industries. A conglomerate usually has a Holding company, parent company that owns and controls many Subsidiary, subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and Multinational corporation, multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, Corporate spin-off, spin-offs, or joint ventures. Conglomerates are common in many countries and sectors, such as Media (communication), media, Finance, banking, Energy industry, energy, mining, manufacturing, retail, Arms industry, defense, and transportation. This type of organization aims to achieve economies of scale, market power, Risk management, ris ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Multinational Corporation
A multinational corporation (MNC; also called a multinational enterprise (MNE), transnational enterprise (TNE), transnational corporation (TNC), international corporation, or stateless corporation, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad solely to diversify financial risks. Most of the current largest and most influential companies are Public company, publicly traded multinational corporations, including Forbes Global 2000, ''Forbes'' Global 2000 companies. History Colonialism The history of multinational corporations began with the history of colonialism. The first multinational corporations were founded to set up colonial "factories" or port cities. The two main examples were the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |