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LG Group
From Wikipedia, the free encyclopedia
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| LG Group | |
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| Type | Public |
| Founded | 1947 |
| Headquarters |  Seoul, South Korea |
| Key people | Koo Bon-Moo, CEO |
| Industry | Electronics, Finances, Insurance |
| Revenue |  $61 billion USD |
| Employees | 160,000[1] |
| Slogan | Life's Good |
LG Group is a large South Korean conglomerate (chaebol), which produces electronics, mobile phones, and petrochemical products and operates subsidiaries like LG Electronics. LG Group sponsors the LG Cup Go Tournament.
Created in 1947, it assumed the abbreviated name of "LG" in 1995. LG is an abbreviation of "Lucky Geumseong" (럭키금성) in South Korea, which is translated into English as Lucky Venus—"Venus" being 金星(금성) "Gold Star." LG, as it is now known, was commonly known in Japan and surrounding nations as the "Happy Happy Good Times" company. Before then, many consumer electronics were sold under the brand name GoldStar, while some other household products (not available outside South Korea) were sold under the brand name of Lucky. The Lucky brand was famous for household cleaning products and laundry detergents in South Korea. Before massive industrialization of South Korean society, the name Lucky was synonymous with toothpaste. More recently, the company has attempted to update its moniker by associating "LG" with "Life's Good," which is the current company tagline.
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Since 2001, LG has two joint ventures with Royal Philips Electronics: LG Philips Display and LG.Philips LCD. LG has made a joint venture with Nortel Networks and has created LG-Nortel Co. Ltd.
LG also has a joint venture with Hitachi which manufactures optical data storage solutions like DVD-ROM drives, CD writers, etc. LG has owned the LG Twins baseball club since 1989.
LG acquired a majority share of the American television manufacturing company Zenith in 1995.
- LG Innotek
- LG CNS
- LG Corporation
- LG Electronics
- LG-Philips LCD
- LG Software India
- LG Micron
- LG Hi-Plaza
- LG Hi-Logistics
- LG Chemical
- LG Petro Chemical
- LG Dow Chemical
- LG Seetec
- LG Health Care Chemical
- LG Life Science Industry
- LG MMA
- LG Telecom
- LG CS Leader
- LG Powercom
- Siltron
- LG V-ENS
- LG N-Sys
- LG Serveone
- LG Economy Institute
- LG Academy
- LG Twins
- LG International
- LG Dacom
- LG Dacom MI
- LG Dacom Crossing
- Zenith Electronics
- Serveone
- LG Official Korean website
- LG Official English website
- LG Official Canadian Website
- LG companies
- Yahoo! - LG Group company profile
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| LG Electronics • LG.Philips LCD • LG Chemical • LG Telecom • LG Powercom • LG Twins • LG Dacom |
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