LG Corporation User Reviews

LG (formerly Lucky-Goldstar) is a South Korean multinational conglomerate, known globally for its electronics (LG Electronics), chemicals (LG Chem), and telecom (LG Uplus), starting in 1947 with cosmetics and expanding to become a tech leader, producing Korea's first radio and TV, and eventually merging 'Lucky' (chemicals) with 'Goldstar' (electronics) into the unified LG brand by the mid-90s.

Key Milestones

Early History & Pioneering Products

• 1947: Lak Hui Chemical Industrial Corp. (now LG Chem) is established, producing Korea's first cosmetics product, "Lucky Cream".
• 1958: GoldStar Co., Ltd. (now LG Electronics) is established, marking the company's entry into the electronics sector.
• 1959: Produced South Korea's first radio.
• 1965: Manufactured South Korea's first refrigerator.
• 1966: Produced Korea's first black-and-white TV.
• 1969: Produced the first washing machine and established a semiconductor manufacturing company.

Global Expansion & Rebranding

• 1982: Established its first overseas production base (color TV factory) in Huntsville, Alabama, U.S..
• 1983: Merged Lucky and GoldStar to form the Lucky-Goldstar Group.
• 1995: Officially rebranded the company as LG (Lucky Goldstar) to unify its global identity, and LG Electronics acquired the U.S.-based Zenith Corporation.
• 1998: Developed the world's first 60-inch plasma TV.

Modern Innovation & Future Focus

• 2001: Unveiled the world's first refrigerator with an Inverter Linear Compressor.
• 2011: Unveiled the LG Styler steam-based garment care system.
• 2013: Established the Vehicle component solutions (VS) Company and introduced the world's first curved OLED TV.
• 2016: Introduced the premium LG SIGNATURE brand for high-end appliances.
• 2020: Launched the world's first rollable OLED TV.
• 2021: Exited the mobile phone business to concentrate on other growth areas like B2B and electric vehicle components. Also launched the joint venture "LG Magna e-Powertrain".
• 2023: LG's Tennessee home appliance factory was selected as a "Lighthouse Factory" by the World Economic Forum.
• 2025: LG Electronics India listed on the NSE (National Stock Exchange of India), a key step in the company's "Global South strategy".

Logo

• Official Name: LG Corporation | 주식회사 엘지
• Source: www.facebook.com

Overview

• Common Name: LG
• Year Founded: January 5, 1947
• Founders: Koo In-hwoi
• Origin: Busan, South Korean
• Headquarters: 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, Republic of Korea
• Tagline: Life's Good

Main Products

Home Appliances:

• Refrigeration: InstaView Door-in-Door, Side-by-Side, Top/Bottom Freezer, Freezers.
• Laundry: Front/Top Load Washers & Dryers, WashTower, Styler Steam Closets, Commercial Laundry.
• Cooking: Microwaves (NeoChef, Convection, Grill), Ovens, Dishwashers.
• Climate: Air Conditioners (DualCool, ARTCOOL), Air Purifiers. 

Home Entertainment & IT:

• Televisions: OLED, QNED, NanoCell, LED TVs.
• Audio: Soundbars, Home Theater Systems, Portable Speakers.
• IT: Laptops, Computer Monitors (UltraGear Gaming, UltraFine). 

Key Technologies:

• OLED & QLED Displays: For TVs and Monitors.
• Dual Inverter: For efficient cooling in ACs.
• ThinQ (AI/Smart Tech): For connected appliances. 

Innovation & Partnership

• Google: Collaboration to integrate the Google Assistant and Google Home platforms into LG's webOS TVs and ThinQ app, enabling unified control of a wide range of smart home devices using the Matter interoperability standard.
• Microsoft: A strategic alliance focused on B2B solutions, including developing automotive infotainment systems, smart building management, and data analytics. The companies are also exploring cooperation for LG to supply core components, such as advanced cooling systems, for Microsoft's AI data centers.
• NVIDIA: Partnership to accelerate the development of next-generation technologies like physical AI and digital twins using NVIDIA's platforms (Omniverse and Isaac GR00T). LG is also pursuing NVIDIA certification for its liquid cooling solutions to manage the heat in high-performance AI data centers.
• General Motors (GM): A long-standing, multi-faceted partnership in electric vehicles. This includes a joint venture called Ultium Cells for EV battery cell manufacturing in North America and a significant long-term contract for LG Chem to supply cathode materials. LG has also been a key supplier of components for the Chevrolet Bolt EV.
• Magna International: A joint venture established in 2021, LG Magna e-Powertrain, to produce electric vehicle powertrains and expand their presence in the e-mobility market.
• Volkswagen Group: Collaboration on the research and development of next-generation connected car platforms and smart home integration that allows drivers to monitor and control home appliances from their vehicles. LG Chem has also supplied EV batteries to the automaker.
• Amazon: Integration of Alexa-enabled devices with LG's AI TVs and smart home ecosystem.
• Content Providers (Netflix, Disney+, etc.): Partnerships to ensure a wide range of content is available on the webOS platform for LG smart TVs.

Sustainability

• Carbon Neutrality: Reducing greenhouse gas emissions, with significant decreases reported.
• Circularity: Promoting product lifecycle sustainability, waste reduction (high recycling rates at plants), and collecting e-waste, using recycled plastics in new products.
• Clean Technology: Developing eco-friendly products and processes, like lighter OLED TVs and furniture from recycled materials.

Useful Links

Browse authorized repair centers and official retail stores of LG using the links below to get support or shop for products on Google Maps.

Market Position

• Ticker: KRX: 066570
• Market Cap: Approx. KRW 16.42 T

LG Electronics (LGE) reported a record annual revenue of $63.76 billion in 2024 and has a current market valuation of approximately $11.62 billion. The company has a significant global reach and maintains strong market shares in specific product categories, particularly in OLED TVs and home appliances.

Customer Support

• Website: www.lg.com
• Online Help: LG Help & Support