LG Digital Twin Tower in Yeouido-dong, Seoul, where LG Electronics is headquartered
LG Digital Twin Tower in Yeouido-dong, Seoul, where LG Electronics is headquartered
  1. Origins: LG Electronics was established in 1958 and has been in the electronics industry for over six decades.
  2. Former Name: The company was originally named Goldstar, before becoming LG Electronics in 1995.
  3. Meaning of LG: “LG” stands for “Lucky Goldstar.” The name is a nod to two original company names, Rak-Hui (pronounced ‘Lucky’) Chemical Industrial Corp, which became LG Chem, and GoldStar Co. Ltd.
  4. Firsts: LG is known for its innovative electronics and has several firsts to its name. For instance, it created the world’s first 84-inch ultra HD TV and the first curved OLED TV.
  5. Global Presence: LG Electronics operates around 128 operations worldwide, making its products easily accessible to customers in different countries.
  6. Diverse Products: LG Electronics is not just known for its televisions and mobile phones; it also manufactures a wide range of products, including air conditioners, washing machines, refrigerators, and even robot vacuum cleaners.
  7. Pioneering OLED TVs: LG is a global leader in OLED TVs, a television design that offers exceptional color quality, contrast, and viewing angles.
  8. Innovative Designs: LG was the first company to produce a phone with a curved display, the LG G Flex, in 2013.
  9. Sustainability: LG Electronics is committed to sustainability. It has created numerous energy-efficient products and has a global environmental research lab dedicated to creating sustainable solutions.
  10. Artificial Intelligence: LG Electronics is investing heavily in AI technology, with its ThinQ platform using AI to bring smart connectivity to its range of home appliances and electronics.

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