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Encyclopedia > LG Group

A leader in making and manufacturing Electronics

LG Group
Type Public (KRXS: 003550)
Founded 1947
Headquarters Flag of South Korea Seoul, South Korea
Key people Koo Bon-Moo, CEO
Industry Conglomerate
Revenue $94.8 billion[1] (2007)
Employees 160,000[2] (2006)
Slogan Life's Good
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. Image File history File links Question_book-3. ... LG may refer to: LG Group, a South Korean electronics and petrochemicals conglomerate LG Electronics, an affiliate of the South Korean LG Group which produces electronic products Lateral giant neuron, an interneuron in crayfish Lithuanian Railways, the acronym of Lietuvos geležinkeliai, the railways of Lithuania LGBT, an acronym for... Image File history File links LG.svg‎ The logo of LG Group. ... This article does not cite any references or sources. ... Korea Exchange (KRX) was created through the integration of the three existing Korean spot & futures exchanges (Korean Stock Exchange, Korean Futures Exchange & KOSDAQ) under the Korea Stock & Futures Exchange Act. ... Korea Stock Exchange is the traditional stock market division of Korea Exchange. ... Image File history File links Flag_of_South_Korea. ... Short name Statistics Location map Map of location of Seoul. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... This article is about work. ... Look up slogan in Wiktionary, the free dictionary. ... A website (alternatively, Web site or web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or several Web server(s), usually accessible via the Internet, cell phone or a LAN. A Web page is a document, typically written in HTML... For Korea as a whole, see Korea. ... Conglomerate is the term used to describe a large company which consists of divisions of often seemingly unrelated businesses. ... Chaebol (alternatively Jaebol) refers to a South Korean form of business conglomerate. ... This article is about the engineering discipline. ... Petrochemicals are chemical products made from raw materials of petroleum (hydrocarbon) origin. ... LG Electronics (KRXS: 066570, LSE:LGLD) is a South Korean multinational corporation and one of the worlds largest electronics companies. ... LG Telecom is a South Korean telecommunications and mobile phone operator controlled by the LG Group, one of the countrys largest chaebol. ... Zenith Electronics Corporation is an American manufacturer of televisions headquartered in Lincolnshire, Illinois. ... ... Go is a strategic board game for two players. ...


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. Consumer electronics is a term used to describe the category of electronic equipment intended for everyday use by people, the consumers. ... For other uses, see Brand (disambiguation). ... Goldstar may refer to one of the following: GoldStar, an electronics brand name used by the LG Group until the late 1990s Goldstar beer (Israel) Goldstar (DC Comics), a character in Lobo comics This is a disambiguation page: a list of articles associated with the same title. ... This article is about a common cleaning mixture. ... Modern toothpaste gel Toothpaste is a paste or gel dentifrice used to clean and improve the aesthetic appearance and health of teeth. ...


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

Companies

GoldStar logo, prominently used before the introduction of the LG logo
GoldStar logo, prominently used before the introduction of the LG logo

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. Image File history File links Goldstar_logo. ... Image File history File links Goldstar_logo. ... Koninklijke Philips Electronics N.V. (Royal Dutch Philips Electronics Ltd. ... LG Philips Display is a joint venture created by LG Group of South Korea and the Philips Electronics of Netherlands. ... LG.Philips LCD (hangul:엘지필립스엘씨디, LG필립스LCD) was formed as a joint venture by the Korean electronics company LG Electronics and the Dutch company Koninklijke Philips Electronics in 1999 to manufacture active matrix liquid crystal displays (LCDs). ... A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. ... Nortel Networks Corporation TSX: NT NYSE: NT, formerly known as Northern Telecom Limited and now known simply as Nortel, is a multinational telecommunications equipment manufacturer headquartered in Toronto, Canada. ...


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. Hitachi may refer to: Hitachi (train) trains in Melbourne, Australia. ... The terms storage (U.K.) or memory (U.S.) refer to the parts of a digital computer that retain physical state (data) for some interval of time, possibly even after electrical power to the computer is turned off. ... DVD is an optical disc storage media format that is used for playback of movies with high video and sound quality and for storing data. ... A CD recorder drive. ... LG Twins is a South Korean baseball team based in Seoul and owned by the Lucky Goldstar (LG) Group. ... Year 1989 (MCMLXXXIX) was a common year starting on Sunday (link displays 1989 Gregorian calendar). ...


LG acquired a American television manufacturing company Zenith in 1999. This article is about television in the United States, specifically its history, art, business and government regulation. ... Categories: Corporation stubs | Consumer electronics | Electronics companies of the United States | Electronics companies ...


Associated companies

GS Group is a Korean chaebol (conglomerate). ... LS Group is a Korean company associated with LG Group. ...

Group families

LG Chemical Co, Ltd. ... LG Dacom (formerly, Dacom, KSE: 015940) is a telecommunications carrier in South Korea. ... LG Electronics (KRXS: 066570, LSE:LGLD) is a South Korean multinational corporation and one of the worlds largest electronics companies. ... LG Powercom Co, Ltd. ... LG Telecom is a South Korean telecommunications and mobile phone operator controlled by the LG Group, one of the countrys largest chaebol. ... LG Twins is a South Korean baseball team based in Seoul and owned by the Lucky Goldstar (LG) Group. ... Zenith Electronics Corporation is an American manufacturer of televisions headquartered in Lincolnshire, Illinois. ...

See also

Currency 1 South Korean Won (W) = 100 Jeon(Chŏn) (theoretical) Fiscal year Calendar year Trade organizations APEC, WTO and OECD Statistics [1] GDP ranking 10th by volume (at nominal) (2006); 11th by volume (at PPP) (2006); GDP (Nominal) $897. ... Chaebol (alternatively Jaebol) refers to a South Korean form of business conglomerate. ...

External links

To meet Wikipedias quality standards, this article or section may require cleanup. ... Currency 1 South Korean Won (W) = 100 Jeon(Chŏn) (theoretical) Fiscal year Calendar year Trade organizations APEC, WTO and OECD Statistics [1] GDP ranking 10th by volume (at nominal) (2006); 11th by volume (at PPP) (2006); GDP (Nominal) $897. ...

  Results from FactBites:
 
IT100: LG TeleCom Profile (380 words)
A unit of LG Group, the country's second-largest conglomerate, LG Telecom increased its customers by 26% in 2004, when the government introduced number portability, which allows subscribers to keep their phone number when changing service providers.
LG, the weakest of the three local mobile players, is the only one still not upgraded to 3G networks.
LG uses its partnership with banks to expand its retail presence: It sells phones and signs up new subscribers at 2,800 bank branches in addition to its 580 storefronts.
LG - Galbijim (745 words)
LG was the first chaebol in South Korea to only use English abbreviations as its group name.
While the group said that the name change itself was to provide the company a more global face, some have attributed the group's decision to change their name to LG to the success of the group-owned baseball team, LG Twins.
Officially, the GS Group states that GS stands for "good service," since most of their group is focused on the service industry, but it was also a marketing ploy to give the consumers a brand that had familiarity yet seem distinct from LG.
  More results at FactBites »

 

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