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LG
LG
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(known as "c
", Korean: LG J is South Korea's second
largest conglomerate that produces electronics, chemicals, andtelecommunications products and
operates subsidiaries like LG Electronics, LG Display, LG Telecom and LG Chem in over 80 countries.
[3]
LG Corp founder Koo In-Hwoi established Lak-Hui Chemical Industrial Corp. in 1947. In 1952, Lak-Hui
(pronounced "Lucky", currently LG ChemJ 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.J in 1958.
Goldstar produced South Korea's first radio. Many consumer electronics were sold under the brand name
GoldStar, while some other household products (not available outside South KoreaJ 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
TV LG Time Machine 2
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 televisionmanufacturing
company Zenith in 1999.
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GS Group
LS Group
LIG Group
[edit]Group families
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LG Electronics
LG Display
LG Innotek
LG Micron
Hiplaza
Hi Logistics
System Air-Con Engineering
Siltron
Lusem
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LG Chem
LG DOW Polycarbonate
SEETEC
LG Household & Health Care
Coca·Cola Beverage Company
LG Hausys
LG TOSTEM BM
LG Life Sciences
LG MMA
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LG Telecom
CS Leader
AIN
LG Dacom
LG Powercom
DACOM Crossing
DACOM Multimedia Internet
CS ONE Partner
LG CNS
LG N-Sys
V-ENS
BIZTECH & EKTIMO
Ucess Partners
SERVEONE
LG International
TWIN WINE
Geovine
pixdix
Korea Commercial Vehicle
LG Solar Energy
G2R
HS Ad
Wisebell
TAMS Media
Alchemedia
W Brand Connection
Twenty Twenty
M. Hub
Pressline
G Outdoor
Bugs Com Ad
L. Best
LG Management Development Institute: Economic Research Institute
LG Management Development Institute: Academy
LG Sports
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