History of LG
LG was founded in 1947 as Lak-Hui (meaning “Lucky”), a Korean electronics company. In 1958, they changed their name to Lucky Goldstar, and then again in 1995 when they began selling products under the LG brand name.
Lucky Goldstar’s first product was an automatic washing machine called the LDA-10M which was released in 1958. Since then, they have released many other household appliances including refrigerators and air conditioners; however it wasn’t until 1994 that LG began selling televisions under their own name rather than just producing them for other companies like Sony or Panasonic.*
LG’s Financials
LG’s financials are as follows:
- Company revenue over the years
- Stock market ticker symbol
- Number of employees
LG’s Products and Services
LG’s products and services include:
- Smartphones, including the G5, G6, V20, and V30 smartphones.
- Tablets such as the G Pad F 8.0 LTE tablet and L Bello II LTE tablet.
- Home appliances like air conditioners, refrigerators, washing machines, dryers and ovens that are designed to help you save energy while providing you with an easy-to-use interface for controlling them remotely via your smartphone app or web browser at home or on the go! They also come with features like voice control so that you can tell your appliances what to do without having to touch them (which is especially helpful if your hands are full). In addition to being able to check on their status from anywhere in the world using our remote monitoring feature called Smart DiagnosisTM (SD), LG customers get peace of mind knowing they’re backed by a 10 year limited warranty against defects in material & workmanship under normal household use conditions–one of longest warranties available today!
Company Performance
LG is a South Korean multinational electronics company that was founded in 1958 by Koo In-Hwoi. The company’s revenue has increased steadily over the years, with revenue reaching $80 billion in 2017.
The company employs more than 80,000 people worldwide and has offices located around the world including: China, Japan, Vietnam and Germany among others.
Products and Services
LG is a South Korean multinational conglomerate headquartered in Seoul. It was founded by Koo In-Hwoi in 1947 as Lak-Hui Chemical Industrial Corp., but changed its name to Lucky Goldstar in 1980.
It is one of the world’s largest electronics companies with revenues of US$45 billion (2018), and has operations in electronics, chemicals, telecommunications equipment and financial services sectors.[1]
LG produces home appliances including refrigerators, air conditioners and washing machines; personal computers; mobile phones under the LG brand name; televisions (LCD/LED/OLED) both for private use as well as for sale to other businesses such as hotels or restaurants; office automation equipment such as photocopiers; video surveillance systems; solar panels for power generation applications.[2][3]
Source : Google
Editor by : Softwarehubs