LG Electronics

LG Electronics is a South Korean electronics company headquartered in Seoul. It began in 1958 as GoldStar, a radio maker, and took the LG name after merging with a sister company in the 1990s. The company reports results in won. It runs factories in South Korea, Mexico, India, Vietnam and Poland. LG competes strongly in home appliances, where it sells a wide range of washers and refrigerators.

The company makes televisions, refrigerators, washing machines, air conditioners and monitors. It builds OLED TV panels through a related affiliate and also supplies parts such as electric vehicle components. LG ended its smartphone business in 2021.

LG operates factories and research centers in Asia, the Americas and Europe. Its webOS software runs on its own smart TVs and is licensed to other brands. The shares are listed on the Korea Exchange. It competes mostly with Samsung, Sony and Whirlpool. LG is part of the larger LG Group. The company operates more than a dozen manufacturing sites around the world.