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LG Electronics

LG Electronics
Company nameLG Electronics
Company typePublic
Slogan"Life's Good"
IndustryConsumer electronics
Home appliances
HeadquartersSeoul, South Korea
Area servedWorldwide
Key peopleKoo Bon-joon
(Vice Chairman and CEO)
ProductsComputer monitors
Flash memory
LCD displays
Plasma displays
OLED displays
DVD players
Blu-ray players
Home Cinema systems
Movie projectors
Mobile phones
CD and DVD drives
Washing machines
Vacuum cleaners
Air conditioners
Revenue(+) US$ 48.2 billion (2010)
Net income(+) US$ 1.1 billion (2010)
ParentLG Group

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LG Electronics (Korean: LG전자, Kse - 066570, LSE - LGLD) is a global electronics and telecommunications company headquartered in Yeouido, Seoul, South Korea. The company operates its business through five divisions: mobile communications, home entertainment, home appliance, air conditioning and business solution. LG Electronics is the world's second-largest manufacturer of television sets and third-largest producer of mobile phones. It is a flagship subsidiary company of LG Group, one of the world's largest electronic conglomerates.

The company has 75 subsidiaries worldwide that design and manufacture televisions, home appliances, and telecommunications devices. LG Electronics owns Zenith Electronics and controls 37.91 percent of LG Display. Its mobile communications division provides mobile communication terminals, personal computers and communication devices. The home entertainment division offers liquid crystal display (LCD) televisions (TVs), plasma display panel (PDP) TVs, PDP modules, and audio, video and storage devices. The home appliance division provides refrigerators, washing machines, microwave ovens, cleaners, compressors, motors and others. The air conditioning division provides air conditioners and solar cells. Its business solution division provides integrated solutions of hardware, software, network, contents and systems.

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