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LG Electronics Inc.
LG Digital Twin Tower in Yeouido-dong, Seoul, where LG Electronics is headquartered
Company type
Public
Traded as
KRX: 066570
LSE: LGLD
ISIN
US50186Q2021
Industry
Consumer electronics Home appliances Computer hardwares
Predecessor
GoldStar (1958–2002)
Founded
October 1958; 65 years ago (1958-10) (as GoldStar)
March 1995 (1995-03) (as LG Electronics; re-incorporated in 2002)
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
Kwang-Mo Koo (chairman)
Jo Seong-Jin (vice chairman and CEO) (acting)
Jung Do-Hyun (president and CFO)
I. P. Park (President and CTO)
Products
See products listing
Revenue
₩83.5 trillion (2022)[1]
Operating income
₩3.6 trillion (2022)[1]
Net income
₩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/global
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, mobile communications, home appliances & air solutions, and vehicle components. 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]
^ abcde"Lg Financial Statements". LG Electronics. 31 December 2021. Retrieved 31 December 2021.
^"Company Brochure". LG. Archived from the original on 3 October 2019. Retrieved 16 November 2019.
^"LG Electronics Honored With 21 CES 2016 Innovation Awards". Cision. 10 November 2015. Retrieved 29 April 2019.
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