LG
South Korean multinational conglomerate
LG Corporation (also known as LG Group or simply LG), 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. Headquartered in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, in Seoul, it was the sixth-largest company in South Korea by revenue in 2023. LG develops, manufactures, and markets electronics, chemicals, household appliances, and telecommunications products. It operates subsidiaries in over 80 countries, including LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, LG Energy Solution, and LG AI Research.
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 (락희) (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.
Begin with the source’s own compact description: “LG” is south Korean multinational conglomerate. The dossier treats that line as a proposition to test through South, Korean and multinational, not as a finished interpretation.
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This entry incorporates text from “LG” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.