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    LG Electronics
    Consumer electronics, home appliances, vehicle components

    LG Electronics

    South Korea flagSouth Korea

    "Life's Good"

    Founded March 3, 1958 Yeouido-dong, Seoul, South Korea CEO: Han Jong-rey
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    About

    On March 3, 1958, Koo In-hwoi launched Lucky Goldstar Manufacturing Co., Ltd. in Seoul with a single goal: to build radios for the post-war market. The company adopted its current name by merging two distinct brand identities, "Lucky" for cosmetics and household goods and "Goldstar" for electronics. Over six decades, this mid-century radio producer evolved into a global powerhouse managing four core divisions: Home Appliance Solution, Media Entertainment Solution, Vehicle Solution, and Eco Solution.

    A defining strategic shift occurred in 1995 when LG acquired Zenith Electronics, securing critical intellectual property in television technology and access to the American market. This move helped solidify LG's position as the second-largest TV manufacturer globally, trailing only Samsung Electronics. The firm pioneered OLED display technology and developed the webOS smart TV platform, while also integrating AI-driven capabilities through its ThinQ ecosystem.

    As of August 2026, the company continues to expand its manufacturing footprint to serve emerging markets. LG Electronics officially began operations at a new refrigerator plant in Brazil with an annual capacity of 600,000 units. Concurrently, the brand launched its 2026 Life's Good Campaign to connect emotionally with consumers by focusing on what truly matters in their daily lives.

    Products & Sub-brands

    OLED TelevisionswebOS Smart TVsThinQ Smart Home EcosystemRefrigeratorsWashing MachinesAir ConditionersDishwashersMicrowavesAutomotive ComponentsDisplay Panels

    Frequently Asked Questions

    Who owns LG Electronics?
    LG Electronics is a publicly traded subsidiary of the LG Group, a South Korean family-owned conglomerate (chaebol). While the founding Koo family holds significant influence, the company's shares are available on the Korea Exchange under the ticker code 066570.
    Is LG still in business and profitable?
    Yes, LG Electronics is highly active and profitable; as of mid-2026, the company reported solid quarterly earnings growth and launched new manufacturing facilities in Brazil, indicating robust financial health and global expansion.
    What is LG famous for besides TVs?
    Beyond being the world's second-largest TV maker known for OLED screens, LG is a leader in home appliances like refrigerators and washers, air conditioners, and automotive components, all integrated under its ThinQ smart home platform.
    Where is LG Electronics headquartered?
    LG Electronics is headquartered in Yeouido-dong, Seoul, South Korea, where it manages its global operations which span 128 locations and employ roughly 83,000 people worldwide.
    How does LG compare to Samsung?
    LG is the primary rival to Samsung in the global electronics market; while Samsung leads in overall revenue and memory chips, LG often competes aggressively in the premium TV segment with superior OLED technology and distinct appliance designs.

    Keywords

    LG Electronicsconsumer electronicshome appliancesOLED TVSouth Korean chaebolZenith acquisitionThinQwebOSrefrigerator plant Brazil

    Sources

    Company Info

    Founded
    March 3, 1958
    Founder
    Koo In-hwoi
    CEO
    Han Jong-rey
    Headquarters
    Yeouido-dong, Seoul, South Korea
    Industry
    Consumer electronics, home appliances, vehicle components
    Parent Company
    LG Group
    Employees
    83000
    Global Operations
    128
    Brazil Plant Capacity
    600,000 units annually
    India Q1 2026 Profit Growth
    27%
    Key Acquisition
    Zenith Electronics (1995)

    Official Website

    www.lg.com/

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