LG Group Totally Explained

Everything about Lg Group totally explained

LG Group is a large South Korean conglomerate (chaebol), which produces electronics, mobile phones, and petrochemical products and operates subsidiaries like LG Electronics, LG Telecom, Zenith Electronics and LG Chem in over 80 countries. LG Group sponsors the LG Cup Go Tournament.
Created as an appliance company in 1947 named GoldStar (금성, 金星), it later merged with the chemical company Lucky. 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 hygiene products line such as soaps and Hi-Ti laundry detergents, but most associated with its Lucky and Perioe toothpaste.
In 1995, it was renamed "LG," the abbreviation of "Lucky GoldStar". More recently, the company associates its tagline "Life's Good," with the letters LG.

Companies

Since 2001, LG has two joint ventures with Royal Philips Electronics: LG Philips Display and LG.Philips LCD. LG has made a joint venture with Nortel Networks and has created LG-Nortel Co. Ltd.
LG also has a joint venture with Hitachi 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 television manufacturing company Zenith in 1999.

Associated companies

Group families

LG Chemical

LG CNS

LG Corporation

LG CS Leader

LG Dacom Crossing

LG Dacom MI

LG Dacom

LG Display

LG Hi-Plaza

LG Innotek

LG International

LG Life Sciences

LG Micron

LG MMA

LG N-Sys

LG Petro Chemical

LG Powercom

LG Serveone

LG Software India

LG Telecom

LG Twins

LG V-ENS

Serveone

Siltron

Zenith Electronics

Joint venture

Hitachi-LG Data Storage, joint venture between Hitachi and LGFurther Information

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