LG Group

From Wikipedia, the free encyclopedia

LG Group
Type	Public (KRXS: 003550)
Founded	1947
Headquarters	Seoul, South Korea
Key people	Koo Bon-Moo, CEO
Industry	Conglomerate
Revenue	▲ $94.8 billion[1] (2007)
Employees	160,000[2] (2006)
Website	www.lg.net

LG Group is a large South Korean conglomerate (chaebol), which produces electronics, mobile phones, and petrochemical products and operates subsidiaries like LG Electronics, LG Telecom, Zenith Electronics and LG Chem in over 80 countries. LG Group sponsors the LG Cup Go Tournament.

Created as an appliance company in 1947 named GoldStar (금성, 金星), it later merged with the chemical company Lucky. 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 its hygiene products line such as soaps and Hi-Ti laundry detergents, but most associated with its Lucky and Perioe toothpaste.

In 1995, it was renamed "LG," the abbreviation of "Lucky GoldStar". More recently, the company associates its tagline "Life's Good," with the letters LG.

Contents 1 Companies 2 Associated companies 3 Group families 4 Joint venture 5 See also 6 References 7 External links

[edit] Companies

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 products like DVD-ROM drives, CD writers, etc. LG has owned the LG Twins baseball club since 1989. LG also developed the Chocolate series of mobile phones.

LG acquired American television manufacturing company Zenith in 1999.

[edit] Associated companies

• GS Group
• LS Group
• LIG Group

[edit] Group families

• LG Chemical
• LG CNS
• LG Corporation
• LG CS Leader
• LG Dacom Crossing
• LG Dacom MI
• LG Dacom
• LG Display
• LG Dow Chemical
• LG Economy Institute
• LG Electronics
• LG Hi-Logistics
• LG Hi-Plaza
• LG Innotek
• LG International
• LG Life Sciences
• LG Micron
• LG MMA
• LG N-Sys
• LG Petro Chemical
• LG Powercom
• LG Serveone
• LG Software India
• LG Telecom
• LG Twins
• LG V-ENS
• Serveone
• Siltron
• Zenith Electronics

[edit] Joint venture

• Hitachi-LG Data Storage, joint venture between Hitachi and LG

[edit] See also

• Economy of South Korea
• Chaebol

[edit] References

1. ^ LG > LG소개 > LG현황
2. ^ http://www.lg.co.kr/korean/about/overview/overview.jsp

[edit] External links

• LG Official Korean website
• LG Official English website
• LG Official Canadian Website
• LG companies
• Yahoo! - LG Group company profile

v • d • e LG Group LG Electronics • LG.Philips LCD • LG Chemical • LG Telecom • LG Powercom • LG Twins • LG Dacom

v • d • e Chaebol Aju Group • Byuck San • CJ Group • Daelim Group • Daesang Group • Daewoo • Dongbu Group • Dongkuk Group • Dongwon Group • Doosan Group • Eugene Group • GS Group • Halla • Hana Financial Group • Hanjin Group • Hansol • Hanwha • Hyosung • Hyundai • Hyundai Kia Automotive Group • Haitai • Isu Group • Jinro • KB Group • Kiswel Group • Kolon • KT Group • Kumho Asiana Group • Kyobo • LG Group • Lotte • LS Group • Nong Shim Group • Orion • Shinhan Financial Group • Shinsegae Group • SK Group • Samsung Group • SsangYong Group • Taekwang Heungkook Group • Taeyoung • Woongjin Group • Woori Financial Group • YTN Group See also List of South Korean companies & Economy of South Korea