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LG Corp Korean: LG ȶš) is the second largest Korean conglomerate company that produces electronics, chemicals, and telecommunications products and operates subsidiaries like LG Electronics, LG Display, LG Telecom and LG Chem in over 80 countries.

LG Corp founder Koo In-Hwoi established Lak-Hui Chemical Industrial Corp. in 1947.[3] In 1952, Lak-Hui (pronounced "Lucky", currently LG Chem) became the first Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co., Ltd., (currently LG Electronics Inc.) in 1958.

Goldstar produced 's first radio. 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 line of hygiene products such as soaps and Hi-Ti laundry detergents, but most associated with its Lucky and Perioe toothpaste.

In 1995, to better compete in the Western market, the company was renamed "LG", the abbreviation of "Lucky Goldstar". More recently, the company associates the letters LG with the company tagline "Life's Good". Since 2009, LG also owns the domain name LG.com.[4

Companies 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, but Philips sold off its shares in late 2008.[5] Also LG has entered into a joint venture with Nortel Networks and has created LG-Nortel Co. Ltd. LG has a joint venture with Hitachi, Hitachi-LG Data Storage, which manufactures optical data storage products like DVD-ROM drives, CD writers, etc. LG has owned the LG Twins baseball club since 1989. LG acquired American manufacturing company Zenith in 1999.

LG Electronics (Korean: LG ǭŹ, KRX: 066570, LSE: LGLD) is global electronics company headquartered in Yeouido, Seoul, South Korea. LG Electronics is the world's second-largest manufacturer of Television sets[1] and third-largest producer of mobile phones.[2]

It is the flagship company of LG Group, one of the world's largest electronic conglomerates.

The company has 75 subsidiaries worldwide that design and manufacture , home appliances, and telecommunications devices. LG Electronics owns and controls 37.91 percent of LG Display.[3]

By 2005, LG was a Top 100 global brand, and in 2006, LG recorded a brand growth of 14%.[4] Its affiliate, LG Display, is now the world's largest plasma panel manufacturer.[5] [edit] Company history The company was originally established in 1958 as GoldStar, producing radios, TVs, refrigerators, washing machines, and air conditioners.[6] The LG Group was a merger of two Korean companies, Lucky and GoldStar, from which the abbreviation of LG was derived. The current "Life's Good" slogan is a backronym. Before the corporate name change to LG, household products were sold under the brand name of Lucky, while electronic products were sold under the brand name of GoldStar (Hangul:͉˪). In January 2009 LG was able to buy the domain name, LG.com, placing it among the companies who own their two letter brand's domain name.[7]

In 1994 GoldStar gained sponsorship from The 3DO Company to make the first 3DO Interactive Multiplayer. In 1995, GoldStar was renamed LG Electronics, and acquired Zenith Electronics of the . LG Solar Energy is a subsidiary formed in 2007 to allow LG Chem to supply polysilicon to LG Electronics for production of solar cells. In 2008, LG took its first dive into the solar-panel manufacturing pool, as it announced a preliminary deal to form a joint venture with Conergy. Under the deal, set to be completed by year's end, LG would acquire a 75 percent stake in Conergy's Frankfurt solar-panel plant.[8] LG has produced camcorders called ARTCAM and DSLRs.[9] Environmental record LG is listed in Greenpeace͛s Guide to Greener Electronics where it ranked 12th out of 18 leading electronics makers in May 2010. Greenpeace accuses LG of making false claims about the energy performance of its appliances in the US and Australia.[10] Choice magazine, in independent tests of popular LG fridge models in 2010, found the energy consumption in two models was higher than claimed by LG. LG was aware of the problem and had offered compensation to affected customers.[11] This adds to the history of false and misleading claims by LG about the environmental impact of their products. In 2004, LG made 4A-rated water efficiency claims for numerous washing machines before they were certified. LG gave undertakings to the Australian Competition and Consumer Commission (ACCC) to provide appropriate corrective notices and upgrade and maintain its trade practices compliance program. In 2006, LG overstated energy efficiency on five of it air conditioner models and was again required to offer consumers rebates to cover the extra energy costs.[11]

LG is still using toxic vinyl plastic (PVC) and brominated flame retardants (BFRs) in its products but will eliminate them from mobile phones by 2010. The GD510 is currently LG͛s only phone that is free of PVC and BFRs.[12] Business divisions

A picture of a Mitsubishi and LG Electronics Air conditioning unit at a Banbury shopping mall in the year 2010.

Home Entertainment

Plasma TVsJasmine , LCD TVs, PDP Modules, OLED Panels, USB Memory, Flat Panel Computer Monitors

Home Theater Systems, Blu-ray Disc players, DVD Recorders, Super Multi DVD Rewriters, CD±RW, Notebook PCs, Desktop PCs, MP3 Players

Mobile Communications

See also: List of LG mobile phones LG Electronics is the world's third largest handset maker. LG said it expects a significant increase in mobile phone sales this year 2010, while 20 new smartphones present and aims to become one of the leading manufacturers in the sector by 2012.

The Korean company hopes to sell 140 million phones in 2010, said Skott Ahn, CEO of mobile phone unit. That would mean an increase compared to the past year, where an estimated 117 million sold units.

File:LG GS290 Cookie Fresh.jpg

LG GS290 Cookie Fresh

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Ahn said LG Electronics reported a global market share in double digits in 2009 for the first time, despite a 5% contraction in the global market.

"In 2010 we will build the foundation to become the global number two in 2012," said Ahn.

Currently, LG is the third in the area of mobile phones behind leader Nokia, and Samsung.

LG mobile devices are made for GSM networks as well as for CDMA networks worldwide. LG phones are available also in unlocked versions that can be used on any GSM network worldwide and not just for a specific carrier's network.[19]

Home Appliances

The Home Appliances division makes products like refrigerators and washing machines. Its 2007 sales totaled KRW 11.8 trillion, accounting for 29% of the company's total revenue. The division's profit was KRW 717.1 billion. About 35% of the company's home appliance revenue comes from the North American market.[20]

Air Conditioning

Various Air conditioning units.

Business Solutions

Monitors, Car Infotainment, Telematics, Digital Signage Solutions

LG Display (Korean: LG ʅuܥƑŝ, KRX: 034220) is the world's second largest LCD maker,[1] after Samsung Electronics. Currently, the two South Korean companies together exceed 50% of the global LCD market[2]. LG Display is headquartered in Seoul, South Korea.

LG Display was originally 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) and was formerly known as LG.Philips LCD, but Philips sold off its all shares in late 2008.[3] On December 12, 2008, LG.Philips LCD announced its plan to change its corporate name to LG Display upon receiving approval at the company's annual general meeting of shareholders on February 29. The company claimed the name change reflects the company's business scope expansion and business model diversification, the change in corporate governance following the reduction of Philips' equity stake, and LG's commitment to enhanced responsible management.

The company has eight manufacturing plants in Gumi and Paju, South Korea. It also has a module assembly plant in Nanjing and Guangzhou in China and Wroclaw in Poland.

LG Display became an independent company in July 2004 when it was concurrently listed on the New York Stock Exchange (NYSE: LPL) and the South Korean Stock Exchange

LG

LCD TV MICROVAVE OVEN REFRIGERATOR ROOM AC MOBILE WASHING MACHINE LG PRODUCTS

TV/AUDIO/VIDEO- LCD TV,LCD LED TV,PLASMA TV,COLOR TV,HOME THEATRE SYSTEM MUSIQ SYSTEM DVD PLAYERS BLUERAY PLAYERS

MOBILE PHONES

COMPUTER PRODUCTS-LED MONITOR,LCD MONITOR,PROJECTOR,OPTICAL MEDIA,DIGITAL PHOTO FRAMES

HOM,E APPLIANCES-

The company was originally established in 1958 as Goldstar, producing radios, TVs, refrigerators, washing machines, and air conditioners. The L.G group was a merger of two Korean companies Lucky and Goldstar. Is the second largest producer of television and third largest producer of mobile phones.

l.g. india : l.g. india LG Electronics India Pvt. Ltd., a wholly owned subsidiary of LG Electronics, South Korea was established in January, 1997 after clearance from the Foreign Investment Promotion Board (FIPB). LG set up a state-of-the art manufacturing facility at Greater Noida, near Delhi, in 1998, with an investment of Rs 500 Crores In 2004, LGEIL also up its second Greenfield manufacturing unit in Pune, Maharashtra LG plans to set up Rs 500-cr unit in South

Type Public KRX: 066570 LSE: LGLD Industry Consumer Electronics Mobile Devices Home Appliances Telecommunications Founded 1958 Headquarters Seoul, South Korea Area served Worldwide Key people Koo Bon-joon, (Vice Chairman & CEO) Products Computer Monitors Flash Memory LCD Displays Plasma Displays OLED Displays TVs DVD Players Blu-ray Players Home Cinema Systems Movie Projectors Mobile Phones Laptops CD and DVD Drives Refrigerators Washing Machines Vacumm Cleaners Air Conditioners Employees 82,772 (29,948 in Korea / 52,824 overseas) ʹ as of 2006 Parent LG Group Website LG Electronics Worldwide Company Profile

Establishing LGEGF was an important step in the Growth strategy of the company.

As part of the global expansion of LG Electronics, the Middle East has a very high priority and setting up LGEGF indicates enhanced Commitment to the region.

The stable and growing markets of the area are also the reasons to open a new subsidiary located in the Jebel Ali Free Zone.

Being in center of Dubai brings us close to local markets, which means we can respond to customers needs and market changes immediately.

Corporate Name LG Electronics Gulf FZE

Established 14th October 1996

President LG is comprised of five business units ;

y Home Entertainment y Home Appliance y Air Conditioning y Business Solutions y Mobile Communications

Main Product Plasma TV, LCD TV, LCD Monitor, Commercial Monitor, CD-ROM Drives, DVD-ROM Drives, CD Rewritable Recorder, VCR, DVD Player, DVD Recorder, Portable DVD, Home Theater, Notebook, Air Conditioner, Refrigerator, Microwave Oven, Washing Machine, Vacuum Cleaner, Compressor for Air Conditioner, Compressor for Refrigerator, Air Purifies, HomNet, Built-in Appliances. Vision

LG Electronics will focus its management efforts on stakeholder value creation by connecting the essence of corporate management with the principles, strategies, and tools of CSM.

LG strives to enhance its customer͛s life and lifestyle with intelligent product features, intuitive functionality, and exceptional performance. Choosing LG is a form of self-expression and a promise of satisfaction. Our customers take pride in owning an object of excellence and take comfort in knowing they͛ve made a smart, informed purchase, every time. Brand Platform

The LG brand is comprised of four basic elements: values, promise, benefits, and personality. Click each element for further details. The Face of the Future: The meaning and inspiration behind LG͛s logo design. The letters ͞L͟ and ͞G͟ in a circle symbolize the world, future, youth, humanity, and technology. Our philosophy is based on Humanity. Also, it represents LG͛s efforts to keep close relationships with our customers around the world. HISTORY

Since its founding in 1958, LG Electronics has led the way to an ever-more advanced digital era. Along the way, our constantly evolving technological expertise has lent itself to many new products and applied technologies. Moving forward into the 21st century, LG continues to on its path to becoming the finest global electronics company, bar none. 1958 Founded as GoldStar 1959 Produce Korea's first consumer radios 1998 Introduce the 60-inch plasma TV 1999 Forge joint venture with Philips 2003 Enter UK GSM handset market 2005 Develop UMTS DMB handset 2007 Launch HD disc-player and drive 1958 Founded as GoldStar 1960's Produces Korea's first consumer radios, TVs, refrigerators, washing machines, and air conditioners 1995 Renamed LG Electronics Acquires U.S.-based Zenith 1997 Introduces world's first CDMA digital mobile-handsets, supplied to Ameritech and GTE in the U.S. Achieves UL certification in U.S. Develops world's first IC set for DTV 1998 Unveils world's first 60-inch plasma TV 1999 Establishes LG Philips LCD, a joint venture with Philips 2000 Launches world's first Internet refrigerator Exports synchronous IMT-2000 to Marconi Wireless of Italy Significant exports to Verizon Wireless in U.S. 2001 GSM mobile-handset exports to Russia, Italy, and Indonesia Attains market leadership in Australian CDMA market Launches world's first Internet washing machine, air conditioner, and microwave oven 2002 Under LG system, separates into LG Electronics and LG Corporation Full-scale export of GPRS colour mobile phones to Europe Establishes CDMA handset production-line and R&D centre in China 2003 Enters Northern European and Middle East GSM-handset market Achieves monthly export volume above 2.5 million units (July) Top global CDMA producer 2004 EVSB, the next-generation DTV transmission technology, chosen to be the U.S./Canada Industry standard by the US ATSC Commercializes world's first 55" all-in-one LCD TV Commercializes world's first 71" plasma TV Develops world's first Satellite- and Terrestrial-DMB handsets 2005 Becomes fourth-largest supplier of to mobile handsets worldwide Develops world's first 3G UMTS DMB handset, 3G-based DVB-Hand Media FLO DMB phone with time-shift function and DMB notebook computer Establishes LG-Nortel, a network solutions joint venture with Nortel 2006 LG Chocolate, the first model in LG's Black Label series of premium handsets, sells 7.5 million units, worldwide Develops the first single-scan 60" HD PDP module and the first 100" LCD TV Establishes strategic partnership with UL Acquires world's first IPv6 Gold Ready logo 2007 Launches industry's first dual-format, HD disc-player and drive Launches 120Hz full HD LCD TV Demonstrates world-first MIMO 4G-enabled technologies with 3G LTE Wins contract for GSMA's 3G campaign 2008 Introduces new global brand identity: "Stylish design and smart technology, in products that fit our consumer's lives."

Business Domains

LG Electronics Mobile Communications Company is a global leader and innovator in the worldwide mobile market, providing consumers with better mobile experiences through its smart technology and stylish handset designs.

With a whole range of wired and wireless solutions, the company is rapidly establishing a global presence and increasing the size of its international market share in 3G handsets.

LG Electronics will continue to build on the success of its Black Label series, the premium handset brand featuring LG Chocolate and LG Shine. Another premium handset, PRADA Phone by LG Electronics, is the world's first complete touch screen phone. It was created through a partnership between LG Electronics and the Italian fashion house PRADA.

LG Electronics Digital Appliance Company is a global technology innovator, a trend-setter in style, and a pioneer in home appliance convergence, providing customers with exceptional value and convenience.

LG Electronics has brought new lifestyle choices to the home with a series of premium products, including steam washing machines, the world's first Internet and TV refrigerator, and ARTCOOL air conditioners. Digital convergence, health -conscious and eco-friendly features, and innovative styles are major traits of LG Electronics' premium appliance products.

As the world's number one provider of air conditioners and with more than half a century of expertise in the home appliance industry, LG Electronics is setting new standards for home appliance innovation, style, and convergence to enhance people's everyday lives.

LG Electronics is a key player in the global flat panel display market, offering a variety of products with customer-oriented designs and technologies.

In the increasingly competitive digital TV market, LG Electronics has positioAs a digital multimedia leader, LG Electronics creates synergy among the audio/video, home theatre, digital storage, and personal computer divisions by developing and producing digital convergence products.

LG Electronics' Digital Media Company integrates various digital devices, employing its time- tested expertise in digital audio-video and information technology. For 2007, we're making major headway in creating a world of ubiquitous media enjoyment, with a strong focus on broadcasting, content, infrastructure, and media convergence products that can become part of a ubiquitous system.

LG will also secure profitability by launching distinctive high-definition technology products. Supporting our reputation as the world's best optical storage supplier, we have developed the world's first dual format high-definition disc player. We're expanding our built-in and portable navigation device businesses, along with telematics and car AV in the automotive division. We will continue to create superior customer value with new digital multimedia concepts in unchallenged market areas. ned itself as a frontrunner by developing groundbreaking products such as LCD & Plasma TVs with built-in DVR, dubbed the "Time Machine TV."

The company has also secured first-rate core technologies for the production of LCD monitors and LED projectors, as well as OLED modules, which have been identified as the next- generation of display technology.

LG Electronics is leading the 21st-century display industry, as it now leads the full HD TV market and is constantly developing next-generation technologies including 3D displays.