LG Electronics

LG Electronics Inc.

Logo used since 30 December 2014a
LG Twin Tower in Yeouido-dong, Seoul, where LG Electronics is headquartered
Company type	Public
Traded as	KRX: 066570 LSE: LGLD
ISIN	US50186Q2021
Industry	Consumer electronics Home appliances Computer hardwares
Predecessor	GoldStar (1958–2002)
Founded	October 1958 (1958-10) (as GoldStar) March 1995 (1995-03) (as LG Electronics; re-incorporated in 2002)
Founder	Koo In-hwoi (The original GoldStar)
Headquarters	LG Twin Tower 128, Yeouido-dong, Yeongdeungpo District, Seoul, South Korea
Area served	Worldwide
Key people	Kwang-Mo Koo (chairman) Lyu Jae-cheol (CEO)
Products	See products listing
Revenue	₩89.2 trillion (US$77.98 billion) (2025) 1
Operating income	₩2.48 trillion (US$2.17 billion) (2025) 1
Net income	₩1.22 trillion (US$1.07 billion) (2025) 1
Total assets	₩68.62 trillion (US$59.99 billion) (2025) 1
Total equity	₩28.55 trillion (US$24.96 billion) (2025) 1
Owner	LG Corporation (33%)
Number of employees	75,000+ (2022)2
Website	lg.com

LG Electronics Inc. (Korean: 엘지 전자; RR: Elji Jeonja) is a South Korean multinational major appliance and consumer electronics corporation headquartered in Yeouido-dong, Seoul, South Korea. LG Electronics is a part of LG Corporation, the fourth largest chaebol in South Korea, and often considered as the pinnacle of LG Corp with the group's chemical and battery division LG Chem. It comprises four business units: home entertainment, mobility, home appliances & air solutions, and business solutions. LG Electronics acquired Zenith in 1995 and is the largest shareholder of LG Display, the world's largest display company by revenue in 2020. LG Electronics is also the world's second largest television manufacturer behind Samsung Electronics. The company has 128 operations worldwide, employing 83,000 people.³

In 1958, LG Electronics was founded as GoldStar (Korean: 금성). It was established in the aftermath of the Korean War to provide the rebuilding nation with domestically produced consumer electronics and home appliances. The start of the country's national broadcasting that created a booming electronics market and a close relationship it quickly forged with Hitachi helped GoldStar to produce South Korea's first radios, televisions, refrigerators, washing machines, and air conditioners.⁴ GoldStar was the electronics division of Lak-Hui (pronounced "Lucky") Chemical Industrial Corp. which is now LG Chem and LG Household & Health Care. GoldStar merged with Lucky Chemical and GoldStar Cable on 28 February 1995, changing the corporate name to Lucky-Goldstar and then finally to LG Electronics.

Goldstar first went public in 1970; by 1976, it was producing one million televisions annually.⁵ In 1978, the company also surpassed USD 100 million in exports.⁶ In 1982, Goldstar opened its first overseas factory, which was based in Huntsville, Alabama. In 1994, GoldStar officially adopted the LG Electronics brand and a new corporate logo. In 1995, LG Electronics acquired the US-based TV manufacturer Zenith and absorbed it four years later. Also in that year, LG Electronics made the world's first CDMA digital mobile handsets and supplied Ameritech and GTE in the US, the LGC-330W digital cellular phone. The company was also awarded UL certification in the US. In 1998, LG developed the world's first 60-inch plasma TV and established a joint venture in 1999 with Philips – LG.Philips LCD – which now goes by the name LG Display. In 1999, LG Semiconductor merged with Hynix.⁷

LG Electronics had operated LGE.com in 2000.⁸

In order to create a holding company, the former LG Electronics was split off in 2002, with the "new" LG Electronics being spun off and the "old" LG Electronics changing its name to LG EI. It was then merged with and into LG CI in 2003 (the legal successor of the former LG Chem), so the company that started as GoldStar does not exist.

In 2004, LG.Philips LCD completed an initial public offering and was listed on the New York Stock Exchange and the Korea Exchange; it was later renamed LG Display⁹. By 2005, LG was a Top 100 global brand and recorded a brand growth of 14% in 2006.¹⁰ As of 2009, its display manufacturing affiliate, LG Display, was the world's largest LCD panel manufacturer.¹¹ LG Electronics has since continued to develop various electronic products, such as releasing the world's first 84-inch ultra-HD TV for retail sale.¹²

In 2010, LG Electronics entered the smartphone industry. In the same year, Ericsson acquired Nortel's controlling stake in LG-Nortel, a joint venture with LG Electronics, and the company was later renamed LG-Ericsson.¹³ In 2011, LG released the LG Optimus 2X, which Guinness World Records recognized as the first mobile phone to use a dual-core processor¹⁴.

On 5 December 2012, the antitrust regulators of the European Union fined LG Electronics and five other major companies (Samsung, Thomson since 2022 known as Vantiva, Matsushita which today is Panasonic Corp, Philips and Toshiba) for fixing prices of TV cathode-ray tubes in two cartels lasting nearly a decade.¹⁵

LG Electronics plays a large role in the global consumer electronics industry; it was the second-largest LCD TV manufacturer worldwide as of 2013.¹⁶In 2013, LG established its Vehicle component business, marking a formal expansion into automotive electronics.¹⁷

On 11 June 2015, LG Electronics found itself in the midst of a human rights controversy when The Guardian published an article by Rosa Moreno, a former employee of an LG television assembly factory. Moreno was offered $3800 in compensation after losing both hands in an industrial accident while working for a subcontrator making parts for LG-branded flatscreen televisions.¹⁸

At the end of 2016, LG Electronics merged its German branch (situated in Ratingen) and European headquarter (situated in London) together in Eschborn, a suburb of Frankfurt am Main.¹⁹

In March 2017, LG Electronics was sued for its handling of hardware failures with recent smartphones such as the LG G4.²⁰

Koo Bon-joon, who was the CEO and the current vice chairman of LG Electronics,²¹ was replaced by his nephew Koo Kwang-mo in July 2018 as CEO and vice chairman.²² The move came after the succession of Koo Kwang-mo as the chairman of the parent company LG Corporation who succeeded his adoptive father and uncle Koo Bon-moo after Bon-moo died of a brain tumor on 20 May 2018.²³

LG announced in November 2018 that Hwang Jeong-hwan, who took the job as president of LG Mobile Communications in October 2017, will be replaced by Brian Kwon, who is head of LG's hugely profitable home entertainment business, from the 1st of December 2018.²⁴ In 2018, LG Electronics acquired a 70 percent stake in Austrian automotive lighting company ZKW Group, while LG Corp. acquired the remaining 30 percent.²⁵ Also in 2018, LG decided to stop smartphone production in South Korea to move production to Vietnam, in order to stay competitive.²⁶ LG said Vietnam provides an "abundant labor force" and that 750 workers at its South Korean handset factory would be relocated to its home appliance plant.

In 2020, LG Electronics ranked fourth among global applicants under the Patent Cooperation Treaty system, according to the World Intellectual Property Organization.²⁷In the same year, LG began selling its rollable OLED television in South Korea.²⁸

On 5 April 2021, LG announced its withdrawal from the phone manufacturing industry after continuous loss in the market. In 2020, LG faced a loss of 5 trillion won (US$4.4 billion).^29303132In July 2021, LG Electronics formed LG Magna e-Powertrain, a joint venture with Magna International focused on electric vehicle powertrain components, including motors, inverters and onboard chargers.³³

In June 2021, the YouTube channel Hardware Unboxed published a video alleging an attempt by a representative of LG to manipulate the review of one of LG's gaming monitors.³⁴ The representative, in an email shown in the video, attempts to influence the editorial outcome of the review by indicating testing methods and aspects of the display to be followed by the channel. This came a few months after a similar incident between the creators and Nvidia in which Nvidia warned them that if they continue emphasizing on rasterization rather than ray tracing in Nvidia's graphics cards, they would no longer receive review samples. Hardware Unboxed later stated that LG Electronics had contacted the channel and would change how it handled monitor reviews.³⁵

As of 1 December 2021, the Chief Strategy Officer William Cho will take over for Bong-seok Kwon as the CEO of LG Electronics.³⁶

In June 2022, LG acquired AppleMango, a South Korean EV charger manufacturer with a 60% purchase of the company's stocks³⁷³⁸ The acquisition marked LG’s entry into the electric vehicle charging business.³⁹

In that same month, the American publication Consumer Reports rated LG home appliances as the most reliable in the U.S. consumer market.⁴⁰

In 2022⁴¹ and 2023, two LG Electronics home appliance manufacturing facilities, LG Smart Park in Changwon, South Korea, and its plant in Tennessee, United States, were selected by the World Economic Forum as Lighthouse Factories.⁴²

In April 2024, a security firm discovered security bugs in tens of thousands of LG smart TV models that could "let hackers hijack them". The vulnerability particularly affects smart TVs running LG's WebOS operating system from version 4 to version 7.⁴³ The vulnerabilities had been reported to LG in November 2023, and LG released patches for the affected models on 22 March 2024, before the research was publicly disclosed.⁴⁴

In December 2025, Texas Attorney General Ken Paxton filed a lawsuit against LG and four other smart TV manufacturers, alleging that the companies were illegally "spying on Texans by secretly recording what consumers watch in their own homes" using automated content recognition (ACR) technology.⁴⁵

In January 2026, LG Electronics announced it would unveil an AI-powered home robot called LG CLOiD at CES 2026. The robot supports LG's "Zero Labor Home" vision and is designed to autonomously perform household tasks, coordinate connected appliances and interact naturally with residents.⁴⁶

Shareholder	Stake (%)	Flag
LG	33.67%
National Pension Service	8.47%
Treasury Stock	0.47%

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On 25 December 2021, LG Electronics launched a video campaign showing some of the initiatives the company has taken in India during the COVID-19 pandemic. The video shows how the company has handled the pandemic from the beginning by encouraging good hygiene practices to include social distancing, hand-washing, mask wearing, and using hand sanitizers.

In a strategy to cope with demand for contactless shopping during the COVID-19 pandemic, LG Electronics opened a number of unmanned stores that allowed for customers to authenticate themselves at the main entrance, check product information, and purchase products using a mobile phone or QR code. The company operates nine unmanned stores and this will increase to 30 by the end of June 2022. These locations are only available in South Korea.⁴⁷

In 2013, LG Electronics USA proposed building a new headquarters in the borough of Englewood Cliffs in Bergen County, New Jersey, including a 143 ft (44 m) tall building that would stand taller than the tree line of the Hudson Palisades, a US National Natural Landmark.⁴⁸⁴⁹⁵⁰ The company proposed to build an environmentally friendly facility in Englewood Cliffs, incidental to Bergen County's per-capita leading Korean American population, having received an initially favorable legal decision concerning building height issues.⁵¹ The plan, while approved by the local government, met with resistance from the segments of the general public as well as government officials in New Jersey and adjacent New York.^{5253545556575859} The initial court decision upholding the local government approval was overturned by a New Jersey appellate court in 2015 and LG subsequently submitted a revised, scaled-down, 64-foot building for approval by the borough of Englewood Cliffs in 2016.⁶⁰ LG broke ground on the new US$300 million Englewood Cliffs headquarters on 7 February 2017, to be completed in late 2019.⁶¹

LG Electronics products include televisions including hospitality televisions for hotels and commercial industrials,⁶²⁶³ home theater systems,⁶⁴ home audio,⁶⁵ portable audio and headphones,⁶⁶ refrigerators, washing machines, computer monitors, wearable devices, vehicle components including IVI, EV components, and lighting systems⁶⁷, air conditioning and HVAC products⁶⁸,⁶⁹⁷⁰ smart appliances and formerly smartphones and solar panels.

LG manufactures home appliances including refrigerators, Dishwasher, Water purifier, washing machines, tumble dryers, garment steamers, vacuum cleaners, air conditioners and microwave ovens. In June 2014, LG Electronics announced the launch of its smart appliances with HomeChat messaging service in South Korea. HomeChat employs LINE, the mobile messenger app from Korean company 'Naver', to let homeowners communicate, control, monitor and share content with LG's smart appliances.⁷¹ Users can send simple messages, such as "start washing cycle," in order to control their washing machines.⁷¹

In December 2021, LG Electronics announced they were testing an ecologically friendly washing machine that uses liquid carbon dioxide as a cleaner. The company will be conducting a two-year test prove the safety with a goal of having commercial CO₂ washers in shopping mall laundries. This new process creates no wastewater and will exhaust gas.⁷²

LG Electronics' vacuum cleaner business began in 1979, when its predecessor GoldStar introduced corded canister vacuum cleaners to the South Korean market.⁷³

In 2003, LG introduced the RoboKing, described as Korea’s first robotic vacuum cleaner.⁷⁴ LG later expanded its cordless vacuum cleaner lineup through its CordZero series.⁷⁵

In 2016, the company introduced a water purifier equipped with an inverter compressor, the first such model in South Korea. Following this, the company launched its direct-flow water purifier lineup under the PuriCare brand.⁷⁶

GoldStar, the predecessor of LG Electronics, produced the WP-181 washing machine in 1969, which South Korea’s Cultural Heritage Administration lists as the first washing machine made in Korea.⁷⁷

In 1998, LG introduced its inverter direct drive motor for washing machines, a design in which the motor is connected directly to the washing tub rather than using a belt or pulley. This made them the first company to successfully mass-market the technology globally in front-loading machines.⁷⁸⁷⁹

In 2015, LG introduced the TWINWash system, the world’s first washing system combining a drum washer with a secondary mini washer.⁸⁰

In 2017, LG announced plans to build a washing machine factory in Clarksville, Tennessee, described by the Tennessee Department of Economic and Community Development as LG’s first washing machine manufacturing operation in the United States.⁸¹ The plant opened in 2019 and produced its one millionth washing machine in 2020.⁸²⁸³ In 2023, the Clarksville facility was selected by the World Economic Forum as a Lighthouse Factory.⁸⁴

The WashTower, a vertically stacked washer–dryer introduced in 2020, and the WashCombo, a single-drum washer–dryer introduced in 2024, were each the first of their kind in the South Korean market.⁸⁵⁸⁶

LG entered the clothes dryer market in South Korea in 1984 through its predecessor GoldStar. Early models primarily used heater-based drying systems that remove moisture from clothing through heated air circulation.⁸⁷

In September 2016, LG introduced the world's first clothes dryer with a dual-hinge door capable of opening both horizontally and vertically.⁸⁸

LG ranked highest in customer satisfaction among clothes dryers, leading in performance, styling, and value in the J.D. Power 2025 U.S. Home Appliance Satisfaction Study.⁸⁹

In 2011, LG Electronics introduced a clothing care appliance line known as the LG Styler, described as the world’s first garment care appliance for home use. The Styler uses steam to refresh clothing without conventional washing or dry cleaning.⁹⁰

Unlike handheld garment steamers, which apply steam directly to individual items, the Styler is a cabinet-type appliance that simultaneously treats multiple garments through steam, vibration, and drying within an enclosed unit.⁹¹

LG Electronics’ vacuum cleaner business began in 1976, when its predecessor GoldStar introduced corded canister vacuum cleaners to the South Korean market. ⁹² In 2003, LG introduced the RoboKing, which is the Korea’s first robot vacuum cleaner.⁹³ LG later expanded its cordless vacuum cleaner lineup. ⁹⁴

LG Electronics entered the home water purifier market in 2009. The company developed water purifiers using technologies derived from its home appliance business, including cooling, hygiene and inverter-based systems.⁹⁵In 2016, the company introduced a water purifier equipped with an inverter compressor, the first such model in South Korea. Following this, the company launched its direct-flow water purifier lineup under the PuriCare brand.⁹⁵ In July 2017, LG reported that sales of the PuriCare Slim water purifier had exceeded 100,000 units over the previous three months, equivalent to one unit sold every 80 seconds.⁹⁶ In 2021, the company introduced a model capable of sterilizing internal water pathways using high-temperature water, described as the first of its kind in South Korea.⁹⁷

GoldStar, the predecessor of LG Electronics, produced South Korea's first domestic refrigerator in 1965.⁹⁸ In June 2000, LG introduced the Internet Digital DIOS, the first internet-connected refrigerator, incorporating a TFT-LCD screen, LAN connectivity, and food management features.

In 2001, LG introduced the world's first refrigerator to incorporate a linear compressor motor, a design in which the piston moves in a straight line rather than through a rotary mechanism. ⁹⁹

In 2007, LG sold 1 million of its Inverter Linear Compressor-equipped refrigerators and increased that number to 5 million in 2011 and reached the 10 million milestone in 2014.⁹⁹

LG ranked highest in customer satisfaction among French Door Refrigerators and Side-by-Side Refrigerators, leading across metrics including durability, features, and value in the J.D. Power 2025 U.S. Home Appliance Satisfaction Study.¹⁰⁰

GoldStar, the predecessor of LG Electronics, began manufacturing microwave ovens in the United States at its Huntsville, Alabama plant in 1983¹⁰¹ LG ranked highest in customer satisfaction among ranges in the J.D. Power 2025 U.S. Home Appliance Satisfaction Study.¹⁰²

LG introduced its first dishwasher using an Inverter Direct Drive motor in North America in 2006¹⁰³ LG dishwashers are designed for automated cleaning of tableware and cookware and are typically sold as built-in kitchen appliances¹⁰⁴ In 2022, LG introduced QuadWash Pro along with Dynamic Heat Dry technology, designed to improve drying performance through increased airflow and optimized heat circulation within the dishwasher tub.¹⁰⁵ In 2023 several LG dishwasher models received the ENERGY STAR Most Efficient designation for meeting high energy- and water-efficiency standards.¹⁰⁶

In 2016, LG launched SKS (formerly Signature Kitchen Suite) as its luxury built-in appliance line, focused on the high-premium product tier. It launched first in the US at the 2016 Kitchen & Bath Industry Show (KBIS) show.¹⁰⁷¹⁰⁸ In early 2019, LG opened an appliance showroom intended for architects, designers and consumers, called the "Experience & Design Center," in Napa, California.¹⁰⁹ In February 2025, LG formally abbreviated the brand name from "Signature Kitchen Suite" to "SKS," at KBIS in Las Vegas.¹¹⁰¹¹¹ LG also debuted new branding and products at the same show, including a "hidden" induction cooktop.¹¹²¹¹³

SKS's portfolio includes professional ranges, rangetops, wall ovens, combination steam and convection ovens, column, French-door and under-counter refrigerators and dishwashers.¹¹⁴ At KBIS 2018, SKS debuted pro ranges with a built-in sous vide module, which was an industry first, and then added the sous video module to more ranges in 2019 and 2020.¹¹⁵¹¹⁶

LG has been a television manufacturer since the early development of South Korea’s consumer electronics industry. Under its former brand GoldStar, the company produced South Korea’s first domestically manufactured black-and-white television in 1966. The company later expanded into color television, large-screen displays, and digital broadcasting technologies.¹¹⁷

In 2004, LG introduced a 55-inch Full HD LCD television, which at the time was among the largest television displays available. In the same year, the company also unveiled a 71-inch Full HD plasma display television.¹¹⁷ LG Electronics introduced its first Internet TV in 2007, originally branded as "Net Cast Entertainment Access" devices. The LG SL9000 was one of several new Borderless HDTV's advertised for release at IFA Berlin in 2009.¹¹⁸ LG Electronics launched an OLED TV in 2013 and 65-inch and 77-inch sizes in 2014.¹¹⁹¹²⁰ They later renamed the 2011 Internet televisions to "LG Smart TV" when more interactive television features were added, that enable the audience to receive information from the Internet while watching conventional TV programming along with the world's first 84-inch Ultra HD TV¹¹⁷¹²¹

In November 2013, a blogger discovered that some of LG's smart TVs silently collect filenames from attached USB storage devices and program viewing data, and transmit the information to LG's servers and LG-affiliated servers.¹²²¹²³ Shortly after this blog entry went live, LG disabled playback on its site of the video, explaining how its viewer analytics work, and closed the Brightcove account the video was hosted on.

LG manufactures remote control models that use Hillcrest Labs' Freespace technology to allow users to change channels using gestures¹²⁴ and Dragon NaturallySpeaking technology for voice recognition.¹²⁵

As of 2014, LG is using webOS with a ribbon interface with some of its smart TVs. LG reported that in the first eight months after release, it had sold over 5 million webOS TVs.¹²⁶

In 2016, exclusively to India, Indian arm of South Korea's LG Electronics Inc started selling a TV that would repel mosquitoes.¹²⁷ It uses ultrasonic waves that are silent to humans but cause mosquitoes to fly away.¹²⁷ It was released on 16 June 2016. The technology was also used in air conditioners and washing machines.¹²⁷ The TV is aimed for lower-income consumers living in conditions that would make them susceptible to mosquitoes.¹²⁷

In 2018, it was reported that LG was planning to sell big-screen televisions that could be rolled up and retract automatically with the push of a button come 2019.¹²⁸

QNED is a line of LCD televisions produced by LG Electronics. LG announced its first QNED Mini LED LCD televisions in December 2020, ahead of their official presentation at CES 2021. ¹²⁹ The line combines quantum dot technology, LG's NanoCell technology and Mini LED backlighting.¹³⁰The QNED line sits below LG's OLED television range and above its standard NanoCell models.¹³¹

In 2016, the company introduced the UltraFine 5K display with Thunderbolt 3, which it described as the world’s first 5K display with Thunderbolt 3.¹³² In 2019, LG announced what it described as the world’s first one-millisecond IPS gaming monitor under its UltraGear brand.¹³³ At CES 2025, LG announced the UltraGear GX9 series, including what it described as the world’s first 5K2K bendable gaming monitor; This series won three CES 2025 awards.¹³⁴ In 2022, LG monitor models have also received design recognition. Red Dot has listed awards for products including the DualUp Monitor Ergo.¹³⁵

LG Electronics has developed heating and cooling systems since the late 20th century. Its portfolio includes air conditioners, heat pumps, chillers, and building energy management systems for residential, commercial, and industrial applications.

LG's air conditioning business dates to 1968, when its predecessor GoldStar introduced the GA-111, described as the first domestically produced air conditioner in South Korea.¹³⁶

In 1979, LG introduced the GA-100SP, described as South Korea's first wall-mounted air conditioner.¹³⁷

In April 2021, LG officially confirmed that it will shut down its mobile division.¹³⁸¹³⁹ Earlier, there had been rumours that LG considered selling its mobile division with Vingroup and Volkswagen named as potential buyers.¹⁴⁰¹⁴¹

Other than mobile phones, LG Electronics have also made tablet computers like the LG G series complementing the mobile phones.¹⁴² LG also makes laptop computers in the LG Gram line, and previously under the Xnote line (see List of LG laptops).

LG Electronics used to manufacture mobile phones from 1995 to 2021,¹⁴³ selling to the domestic market only (as Cyon) until 2000 where it was in the shadow of Samsung Anycall.¹⁴³ LG released its first GSM network phones during 2001¹⁴⁴ although had also marketed CDMA phones before then in the U.S.¹⁴⁵ LG made its breakthrough during the mid and late 2000s: it launched its highly popular LG Chocolate in worldwide in 2006 which popularised touch-sensitivity. The following year it released the world's first capacitive touchscreen phone LG Prada, and Shine, cementing its focus on design:¹⁴³ its phones during this era have led to LG being called alongside Apple as one of the pioneers of the rise of touchscreens.¹⁴⁶ By 2008 LG had entered the top 3 worldwide leaders in mobile phones.¹⁴⁷

There was further success with the Cookie which helped to bring touchscreens to the budget market, and with the Lollipop flip phone that became very popular in South Korea.¹⁴³ However the company had trouble with competing in smartphones. In 2010, LG released the Optimus smartphone, which would span into a series. The following year saw the release of the LG Optimus 3D, the world's first mobile phone with glasses-free 3D display,¹⁴⁸ and LG Optimus 2X, the first with a dual-core processor.¹⁴⁹ In 2012 LG worked with Google to build the Nexus 4 smartphone.¹⁵⁰

Other than the G3, LG officially unveiled the curved smartphone, LG G Flex, on 27 October 2013.¹⁵¹¹⁵² At Consumer Electronics Show in January 2014, LG announced a US release for the G2 across several major carriers.¹⁵³ In 2015, LG released LG G4 globally in late May through early June.¹⁵⁴ On 7 September 2016, LG unveiled the V20,¹⁵⁵ and the V30 was announced on 31 August 2017. LG G6 was officially announced during MWC 2017 on 26 February 2017.¹⁵⁶ The G7 ThinQ model was announced at a 2 May 2018 media briefing.¹⁵⁷ In 2020, the LG Wing was introduced with two displays and a swivel design.¹⁴⁹

In April 2021, after months of speculation, LG confirmed that the smartphone division will be officially shut down in July 2021.¹⁵⁸ The decision to shut down LG Mobile came about from poor sales caused by stiff competition from rival Samsung and Chinese brands such as Oppo and Xiaomi. LG became the first major smartphone brand to completely withdraw from the market.¹⁵⁹

LG and Google announced the Android Wear-based smartwatch, the LG G Watch, that was in June 2014.¹⁶⁰ In August 2014, the LG G Watch R that has a circular face (similar to the Moto 360) was released.¹⁶¹ The LG Watch Urbane that LG's third Android Wear-based smart watch has released in April 2015. This was the first device to support newer smartwatch features such as Wi-Fi, and new parts of Android Wear's software interface, like the ability to draw emoji to friends.¹⁶²

In 2015, LG announced a Bluetooth keyboard that folds up along the four rows of keys for portability. The Rolly keyboard is made of solid plastic. Two tiny plastic arms fold out from the end of the keyboard to support a tablet or smartphone and it can toggle between two different Bluetooth-connected devices at a time. Battery life is an expected three months on a single AAA battery.¹⁶³

LG Electronics manufactures vehicle audio for many manufacturers including Opel, Renault, Vauxhall and Volkswagen. LG Electronics also manufacturers teardrop trailers^164165166 and produces displays for many vehicle manufacturers.¹⁶⁷

In 2021, the World Intellectual Property Organization (WIPO)'s annual World Intellectual Property Indicators report ranked LG's number of patent applications published under the PCT System as 4th in the world, with 2,759 patent applications being published during 2020.¹⁶⁸ This position is an impressive increase from its previous ranking as 10th in 2019 with 1,646 applications.¹⁶⁹

In 2023, the World Intellectual Property Organization (WIPO)'s Annual PCT Review ranked LG Electronics's number of patent applications published under the PCT System as 6th in the world, with 1,887 patent applications being published during 2023.¹⁷⁰

In 2024 LG's number of designs in industrial design registrations published under the Hague System was ranked as 4th in the world, with 352 design registrations being published during 2023.¹⁷¹

LG Sports Limited, a subsidiary of LG Corporation, owns the Korean Baseball Organisation (KBO) LG Twins (LG 트윈스). Through an acquisition in 1990, the MBC Blue Dragons (who was one of the six original founding members of the KBO in 1982) became the LG Twins.¹⁷² The team has won two Korean Series (1990 and 1994). LG attracts a large attendance of fans and to much of their enjoyment, took third place in the league.¹⁷³

In August 2013, LG Electronics announced that it would sponsor German Bundesliga club Bayer 04 Leverkusen for the next three years with an option to extend for one more year. LG sponsors the International Cricket Council, the world governing body for cricket and also sponsors the ICC Awards.¹⁷⁴

From 2009 to 2013, LG Electronics sponsored Formula One as a Global Partner and Technology Partner.¹⁷⁵ LG was also an official supplier to Virgin Racing and Lotus Racing team, plus engine manufacturer Cosworth from 2010 to 2012.¹⁷⁶ LG also sponsors London Fashion Week and the LG Arena in Birmingham.¹⁷⁷

During the period 2001–2003, LG sponsored the snooker Grand Prix. During these years the tournament was known as the LG Cup. In 2008, LG became sponsors of the Extreme Sport 'FSO4 Freeze' festival.¹⁷⁸

The LG Electronics company in Australia dissolved its sponsorship with cricketer David Warner on 27 March 2018 and dropped him as the brand ambassador of the company over the ball tampering scandal during the third Test of their 2017–18 tempestuous series against South Africa.¹⁷⁹¹⁸⁰ Warner had an agreement with the company in 2014 and his contract had been planned for renewal.¹⁸¹¹⁸²

In 2010, independent tests of popular LG fridge models conducted by Choice magazine found the energy consumption in two models was higher than claimed by LG. LG was aware of the problem and offered compensation to affected customers.¹⁸³ In 2004, LG made 4A-rated water efficiency claims for numerous washing machines before they were certified. LG gave undertakings to the Australian Competition & Consumer Commission to provide appropriate corrective notices and upgrade and maintain its trade practices compliance program. In 2006, LG overstated energy efficiency on five of its air conditioner models and was again required to offer consumers rebates to cover the extra energy costs.¹⁸³

In May 2020, a deadly gas leak in LG chemical plant in Visakhapatnam killed 12 people. An investigation was set up to look upon the matter revealed many causes for the accident. Improper storage design, haphazard maintenance of the old storage tank, the temperature inside the oldest of the three storage tanks holding styrene monomer, a chemical used in making polystyrene products, rose to more than six times the permitted level due to polymerization, which resulted in the rise of heat due to the chemical reaction are the few causes. It was also suggested to move the company to a less populated area.¹⁸⁴

• "We Put People First" (1997–1999)
• "Digitally Yours" (1999–2004)
• "A Better Life with Digital" (2002–2004)
• "Life's Good" (1999–present in Australia and 2004–present globally)
• "Innovation for a Better Life" (2016–present)

See also

See also

• Electric vehicle charging industry of South Korea
• LG Uplus
• Tech companies in the New York metropolitan area

Notes

Notes

1. The logo's symbol has been in use since March 1995.

References

References

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2. "Company Brochure". LG. Archived from the original on 3 October 2019. Retrieved 16 November 2019.
3. "LG Electronics Honored With 21 CES 2016 Innovation Awards". Cision. 10 November 2015. Retrieved 29 April 2019.
4. www.etnews.com (24 March 2008). [전자산업 50년, 새로운 50년](11)TV국산화와 가전산업의 태동. ET News (in Korean). Retrieved 29 September 2020.
5. "About LG: History — Advancement and Innovation 1970–1994". LG's official website.
6. "What is Brief History of LG Electronics Company?". MatrixBCG. 7 April 2026. Retrieved 28 April 2026.
7. "LG Semicon Sale Is Seen Helping LG Electronics". The Wall Street Journal. 16 March 1999.
8. "LG Electronics". Archived from the original on 11 July 2000.
9. "LG디스플레이". www.lgdisplay.com. Retrieved 29 April 2026.
10. "The 100 Top Brands 2006". BusinessWeek. Archived from the original on 4 July 2008.
11. "LG.com". Retrieved 10 June 2014.
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External links

External links

• Official website
• LG Electronics Global Website
• LG Electronics Air Solution Global Blog
• Business data for LG Electronics:
  • Google
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  • Yahoo!