Type Public
Founded 1958
Headquarters Seoul, South Korea
Key people Yong Nam, Vice Chairman & CEO
Industry Mobile Communication, Digital Display, Digital Appliance and Digital Media
Employees 82,772 (29,948 in Korea/ 52,824 overseas) - as of 2006
Parent LG Group
Website LG Electronics Worldwide
LG Electronics (LGE, Korean: LG전자) (KRX: 066570, LSE: LGLD) is the world's second-biggest maker of televisions [1] and third-biggest maker of mobile phones.
With its headquarters in the LG Twin Towers in Yeouido, Seoul, South Korea, LG Electronics is the flagship company of LG Group, one of the world's largest electronic conglomerates.
The company has 75 subsidiaries worldwide that design and manufacture televisions, home appliances, and telecommunications devices. LG Electronics owns Zenith Electronics and controls 37.9 percent of LG Display.
By 2005, LG was a Top 100 global brand, and in 2006, LG recorded a brand growth of 14%. Now the world's largest plasma panel manufacturer,[4] its affiliate, LG Display, is one of the largest manufacturers of liquid crystal displays. Also in 2006, the company's mobile phone division, LG Mobile, marketed the LG Chocolate phone, changing the company's image of the maker of thick 3G phones. It now focuses on the design and marketing of phones such as the LG Shine, the LG Glimmer and LG Prada (KE850). As a result, the company was picked as "The Design Team of the Year" by the red dot design award in 2006~2007 and is often called the "New Apple" in the industry and online communities.
