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Company type | Public |
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ISIN | US50186Q2021 |
Industry | Consumer electronics Home appliances Computer hardwares |
Predecessor | GoldStar (1958–2002) |
Founded |
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Founder | Koo In-hwoi (The original GoldStar) |
Headquarters | LG Digital Twin Tower 128, Yeouido-dong, Yeongdeungpo District, Seoul, South Korea |
Area served | Worldwide |
Key people | |
Products | See products listing |
Revenue | ₩83.5 trillion (2022)[1] |
₩3.6 trillion (2022)[1] | |
₩1.9 trillion (2022)[1] | |
Total assets | ₩55.15 trillion (2022)[1] |
Total equity | ₩22.5 trillion (2022)[1] |
Owner | LG Corporation (33%) |
Number of employees | 75,000+ (2022)[2] |
Website | lg.com |
LG Electronics Inc. (Korean: 엘지 전자; RR: Elji Jeonja) is a South Korean multinational major appliance and consumer electronics corporation headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of 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 in 1995 and is the largest shareholder of LG Display, the world's largest display company by revenue in 2020.[citation needed] LG Electronics is also the world's second largest television manufacturer behind Samsung Electronics. The company has 128 operations worldwide, employing 83,000 people.[3]
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