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LG Electronics Inc. is a South Korean multinational electronics company founded in 1958 and headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG Corporation, the fourth largest chaebol in South Korea, and is often considered the pinnacle of LG Corp. It comprises four business units: home entertainment, mobile communications, home appliances & air solutions, and vehicle components. The company has 141 operations globally, employing 74,266 people. Products offered by the company include televisions, home theater systems, refrigerators, washing machines, computer monitors, wearable devices, solar modules, smart appliances, and formerly smartphones. In 2022, the company generated 83.5 KRW trillion (USD 61.4 billion) in revenue.
| Company Name | LG Electronics Co., Ltd. |
|---|---|
| Industry | Computers and Electronics Manufacturing |
| HQ Address | Seoul, South Korea |
| Revenue | 83.5 KRW trillion [2022] |
| Employee Size | Total - 74,266, Global - 38,441 and Korea - 35,825 |
| Company Type | Public |
| Fiscal Year-End | December 31st |
| Website | www.lge.co.kr |
| Subsidiaries | Affiliated Companies – LG Electronics, LG Display, LG Innotek, LG Chemicals, LG Energy Solutions, LG Household & Health Care, and More |
| Locations | Europe, Russia & CIS, North America, Latin America, and Middle East and Africa |
| Competitors | Philips, Sony, Samsung, Electrolux, and Sharp Electronics. |
| Recognition & Awards | In September 2023, LG AI Research Institute received the Minister of Science and ICT Award, and More |
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