The name LG comes from the company name "Lucky?" Used before 1995. The acronym for "Venus". Before the name change, many of the company's electrical products were sold under the brand of "Venus", while other household products used "Lucky" (Korean: Lexi). In South Korea, Lexi brand is famous for household cleaning products and laundry cleaners. Before the industrialization of Korean society, Lexi was even synonymous with toothpaste. At present, LG Group has 565,438+0 subsidiaries, which are engaged in the fields of chemical industry, energy, electronics, electric power, metals, machinery, construction, engineering, trade, finance, insurance, etc., while LG Electronics is developing in the fields of home entertainment, mobile communication, household appliances, air conditioning and air conditioning, monitors, commercial monitors, and in-vehicle infotainment systems? .
LG now has 37 series companies, more than 40 domestic factories and more than 70 domestic R&D institutions, with more than 70,000 employees. There are more than 30 legal persons 10, more than 20 branches10, and more than 55,000 overseas employees. In 20 10, the total sales of LG Electronics reached $482,543.8+0 billion, and the net profit was1.043.8+0.5 billion.
History and overview of LG LG's predecessor "Lexi Chemical Industry Association" (Lak-Hui? Chemistry? Industry? Corp) was founded in 1947 [2], and later "Lucky" was used instead of "Lak-Hui". It is the first chemical enterprise in Korea, and also a joint investment enterprise of the Gu family and the Xu family. From 65438 to 0958, the company expanded its business scope to the field of household appliances production in the name of "Jinxing Electronics Company", which was also the first electrical appliance company in Korea. Since then, the company has become a lucky Venus Group.
/kloc-in the 1970s, the government of South Korean President park chung-hee promoted the industrialization process, and Lucky-Goldstar Group expanded its business scope to heavy industry and petrochemical industry.
1March, 995, Lucky-Goldstar Group officially changed its name to LG? Lejin is the first chaebol in Korea to use English abbreviations as their names.
1999 LG and Philips set up a joint venture company LG? Philips? liquid-crystal display
In July 2004, South Korea's LG- Philips went public in the United States, raising a total of $654.38+0.7 billion.
In 2005, Lejin Group decided to split up, ending the cooperation between Tuji family and Xu Shi family. The Jushi family retained control of LG Group (mainly electronics, chemistry and communication). Xu Shi family established GS Group, which is mainly engaged in petrochemical, construction and retail.
In 2005, LG mobile phone brand became the fourth largest factory in the world.
Launched in 2007 120Hz? Full? Hd? LCD TV with 3G? LTE showcases the world's first? MIMO4G technology.
In 2009, LG products won the 14 Innovation Award at the International Consumer Electronics Show, with a total of 7 awards. IF product design award? (if? Design? Award), 7 red dot design awards? (red dot? Design? Reward).
Associated company 1989, LG Gemini baseball team was acquired by LG LG.
1999, LG acquired Zenith electronics of the United States.
In 200 1 year, LG and Royal Philips Electronics established two joint ventures: LG Philips Display Company and LG Philips LCD Company.
LG also established a joint venture with Hitachi LG Data Storage Co., Ltd. to produce optical data storage devices such as DVD drives and CD read-write drives.
In 20 10, the total sales of LG Electronics reached $482,543.8+0 billion, and the net profit was1.043.8+0.5 billion. LG？ Show? In 20 10 year, the total sales reached $22,075,438+06 million, and the net profit was/kloc-0,004 million. Main products? Mobile phone TV washing machine microwave oven elevator refrigerator