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LG Brand Full Form

LG Brand Full Form

Edited By Team Careers360 | Updated on Mar 28, 2023 11:21 AM IST

What is the full form of LG?

LG stand for Lucky Goldstar is a multinational electronics company that offers a wide range of telecommunication products, electronic products and chemicals. LG Company was established on 5 January 1947. It is an old and very famous company. LG company has divided its business into the following five departments.

  • Home Entertainment

  • Mobile communication

  • Air Conditioning

  • Home appliances

  • Energy solutions and vehicle components etc.

  • The automotive segment has a number of subsidiaries such as LG Electronics, LG Telecom, LG Display and LG Chem, etc., all operating in more than 80 countries around the world.

LG company has a new logo to represent its corporate brand, and the logo consists of the letters "L and G" in the form of human faces.

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Fig. LG Brand Logo

History of LG Brand

Let’s get some information about the history of LG company-

  • Koo-In-Hwoi founded LG company. It was the first organisation to enter the plastic market in Korea.

  • Goldstar produced the first Korean radio in the 1958s.

  • In 1995, Gold Star joined forces with Lucky Chemical and was renamed Lucky Goldstar.

  • After the merger in 1995, Zenith, an American television manufacturer, was bought and renamed LG Electronics.

  • In 1998, the LG company manufactured the world's first 60-inch plasma television.

  • The LG company built a manufacturing line for CDMA handsets in China in 2002.

  • The LG company manufactured the world's first 55-inch LCD television.

  • In 2004, a 71-inch plasma television was introduced by the LG company.

  • The LG company was found to be the world's fourth-largest cell phone distributor in the world in 2005.

Frequently Asked Question (FAQs)

1. Who is the current chairman of LG Company?

Koo Kwang-mo is the current chairman and chief executive of LG. He inherited the shares of his father and former LG chairman, Koo Bon-Moo, after his death in May 2018.

2. Who is the LG president?

Michael Ahn is the President & CEO of LG Electronics North America - LG Electronics.

3. Where was the first headquarter of LG established?

The LG’s first headquartered was established in Seoul, South Korea.

4. When did LG shut down its mobile phone division?

LG officially confirmed to shut down its mobile division on April 2021.

5. Who is the current CEO of LG India?

Ki-Wan Kim is the current CEO of LG Electronics India Pvt Ltd.

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