LG Corporation

LG
Company type	Public
Founded	January 5, 1947
Founder	Koo In-Hwoi
Headquarters	Seoul, South Korea
Area served	Worldwide
Key people	Koo Kwang-mo; (Chairman & CEO); Yu Sig Kang; (Vice Chairman & Co-CEO) Juno Cho, (EVP, COO, & Director)
Products	Electronics, chemicals, telecommunications, engineering, information technology, power generation
Website	www.lgcorp.com or LG.com

LG Corp. is the second largest South Korean multi-industry company that produces electronics, chemicals, and telecommunications products and operates subsidiaries like LG Electronics, LG Display, LG Telecom, LG Boring, and LG Chem in over 80 countries.

LG Corp. started as Lak-Hui Chemical Industrial Corp. in 1947.^[1] In 1952, Lak-Hui became the first South Korean company to enter the plastics industry. While the company expanded its plastic business, it established GoldStar Co.. (currently LG Electronics Inc.) in 1958. Both companies Lucky and GoldStar merged and formed Lucky Goldstar.

In 1995, to compete better in the Western market, the Lucky-Goldstar Corporation was renamed "LG". The company also associates the letters LG with the company's tagline "Life's Good".

References

↑ "LG History". Archived from the original on 2008-11-19. Retrieved 2015-01-10.

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[1] "LG History". Archived from the original on 2008-11-19. Retrieved 2015-01-10.

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