About

LG Electronics Inc., headquartered in Yeouido-dong, Seoul, South Korea, is a South Korean multinational major appliance and consumer electronics corporation. Founded as GoldStar in October 1958 and re-incorporated as LG Electronics in March 1995, it is a pivotal part of LG Corporation, the fourth largest chaebol in South Korea. The company operates through four key business units: home entertainment, mobility, home appliances & air solutions, and business solutions, offering a comprehensive product portfolio in consumer electronics, home appliances, and computer hardware. With 83,000 employees across 128 operations worldwide, LG Electronics generated ₩ 83.995 trillion in revenue in 2024. It holds a significant market position as the world's second largest television manufacturer, competing directly with Samsung Electronics, and is the largest shareholder of LG Display, which was the world's largest display company by revenue in 2020. Notable historical events include the acquisition of Zenith in 1995.