Founded in 1958 as GoldStar by visionary entrepreneur Koo In-hwoi, LG Electronics began as part of the Lucky-Goldstar conglomerate established in 1947. Headquartered in Seoul's LG Twin Towers in Yeouido-dong, LG Electronics emerged from manufacturing radios and TVs to become a global technology leader. The company operates in over 100 locations worldwide with 83,000+ employees across five business divisions: Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Components, and B2B solutions. LG's technological expertise spans consumer electronics, home appliances, mobile devices, automotive components, and commercial air conditioning systems. In 2024, LG ranked 4th globally in industrial design registrations with 352 published designs, reflecting their innovation leadership. The company's 'Life's Good' philosophy emphasizes optimism and technological enhancement of daily life. With B2C businesses including home appliances, TVs, and mobile communications, plus extensive B2B operations, LG maintains its position as a Fortune 500 company and major global electronics manufacturer, continuing Koo In-hwoi's legacy of technological advancement and consumer-focused innovation.
Founded in 1958 as GoldStar by visionary entrepreneur Koo In-hwoi, LG Electronics began as part of the Lucky-Goldstar conglomerate established in 1947. Headquartered in Seoul's LG Twin Towers in Yeouido-dong, LG Electronics emerged from manufacturing radios and TVs to become a global technology leader. The company operates in over 100 locations worldwide with 83,000+ employees across five business divisions: Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Components, and B2B solutions. LG's technological expertise spans consumer electronics, home appliances, mobile devices, automotive components, and commercial air conditioning systems. In 2024, LG ranked 4th globally in industrial design registrations with 352 published designs, reflecting their innovation leadership. The company's 'Life's Good' philosophy emphasizes optimism and technological enhancement of daily life. With B2C businesses including home appliances, TVs, and mobile communications, plus extensive B2B operations, LG maintains its position as a Fortune 500 company and major global electronics manufacturer, continuing Koo In-hwoi's legacy of technological advancement and consumer-focused innovation.
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