Native name | 주식회사 엘지 |
---|---|
Formerly | Lucky (1947–1983) Lucky-Goldstar (1983–1995) |
Company type | Public |
KRX: 003550 | |
Industry | Conglomerate |
Founded | 5 January 1947 January 1983 (as Lucky-Goldstar) 4 January 1995 (as LG) | (as Lucky)
Founder | Koo In-hwoi |
Headquarters | , South Korea |
Area served | Worldwide |
Key people | |
Products | |
Revenue | KRW 83.5 trillion (approx. US$62.32 billion) (2023)[1] |
Owners |
|
Number of employees | 222,000 (2023)[3] |
Subsidiaries | |
Website | lgcorp |
LG Corporation (or LG Group),[b] formerly known as Lucky-Goldstar,[c] is a South Korean multinational conglomerate founded by Koo In-hwoi and managed by successive generations of his family. It is the fourth-largest chaebol (family-run conglomerate) in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul.[3] LG makes electronics, chemicals, household appliances, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, and LG Energy Solution in over 80 countries. According to the “Top 500 Global Brands” released by British consulting firm Brand finance, LG’s brand value ranking rose from 90th to 83rd from the previous year.
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