- CEO
- Jae-Cheol Ryu
- Full Time Employees
- 34,144
- Sector
- Consumer durables
- Industry
- Electronics/Appliances
- Address
- LG Twin Tower 128 Seoul SL South Korea 07336
- IPO Date
- Apr 22, 2002
- Business
- LG Electronics Inc. (066570.KS) manufactures and markets consumer electronics, home appliances, and related solutions worldwide. The company operates through four primary business units—Home Appliance & Air Solution; Home Entertainment; Vehicle Solutions; and Business Solutions (including commercial displays and IT)—offering products such as OLED and LCD televisions (including hospitality models); premium audio systems and soundbars; refrigerators, washing machines, dryers, dishwashers, robot vacuum cleaners, and cooking appliances under the LG SIGNATURE, LG ThinQ, and SKS brands; air conditioners and HVAC systems; PC monitors; automotive infotainment systems, displays, and components; commercial signage and robotics solutions including LG CLOi robots; and emerging home and industrial robots. LG Electronics maintains operations in over 120 countries with approximately 75,000 employees and generated global revenue exceeding KRW 88 trillion in 2024.
Founded in 1958 as GoldStar in Seoul, South Korea—where it remains headquartered as part of the LG Group—the company pioneered South Korea's first mass-produced radios, televisions, refrigerators, washing machines, and air conditioners, evolving through mergers including with Lucky Chemical in 1995 to adopt the LG name.
Recent developments include the January 2025 acquisition of a controlling 51% stake in U.S.-based Bear Robotics for USD 60 million plus an additional option exercise, integrating its AI-powered delivery robots into LG's CLOi lineup to bolster commercial, home, and industrial robotics capabilities; the June 2025 purchase of 100% of European water heating provider OSO to enhance its HVAC portfolio with integrated heat pump solutions; a November 2025 strategic partnership with Expo City Dubai for AI-powered smart city services building on prior LED and appliance supplies; and ongoing expansions in EV charging via the 2022 AppleMango acquisition and premium built-in appliances under the rebranded SKS line debuted in 2025.