- CEO
- Kwang-Mo Koo
- Full Time Employees
- 195
- Sector
- Consumer durables
- Industry
- Electronics/Appliances
- Address
- LG Twin Tower Seoul SL South Korea 07336
- IPO Date
- Feb 13, 1970
- Business
- LG Corp. (003550.KS) operates as a holding company overseeing subsidiaries in the electronics, chemicals, telecommunications, and services sectors worldwide. The company offers a broad portfolio of products and services through its affiliates, including home appliances, air conditioning solutions, media entertainment systems, vehicle components, and eco-friendly technologies from LG Electronics; televisions, mobile devices, monitors, IT hardware, automotive displays, and commercial signage from LG Display and related units; advanced materials, petrochemicals, life sciences, cosmetics, beverages, and daily necessities from LG Chem and LG Household & Health Care; automotive, mobility, IT, and energy storage batteries; telecommunications services, cable TV, internet, and mobile virtual network operator offerings from LG U+ and LG HelloVision; IT solutions such as customized system development, consulting, and outsourcing from LG CNS; space solutions; economic analysis and management consulting from LG Management Development Institute; and professional sports management from LG Sports. LG Corp. maintains operations across more than 80 countries, with a primary focus on consumer electronics, B2B solutions, chemicals, and telecom services targeting residential, commercial, automotive, and industrial customers.
Founded in 1947 and headquartered in Seoul, South Korea, in the LG Twin Towers, the company manages key subsidiaries such as LG Electronics, LG Chem, LG Energy Solution, LG Display, LG Innotek, LG Household & Health Care, LG U+, LG CNS, and others without a parent entity.
In recent developments, LG Electronics, a core subsidiary, announced a major corporate restructuring effective December 1, 2025, including a new CEO appointment, merger of TV and IT divisions into a unified Display Unit, international B2B expansion in home appliances with a new HS Robotics Lab, creation of data-center cooling divisions, and company-wide AI initiatives via an AX Center. The group bolstered its robotics capabilities through LG's acquisition of a majority 51% stake in Bear Robotics in early 2025, following an initial investment in 2024, and expanded HVAC offerings by acquiring OSO, a premium European water heating provider, in June 2025. Additionally, LG Electronics formed a strategic partnership with Pasqal in November 2025, involving equity investment to co-develop quantum algorithms and hardware for industrial applications like multiphysics simulation and material discovery.