LG Corporation (or LG Group), formerly known as '''Life's Good''', is a South Korean multinational conglomerate founded by Koo In-hwoi in 1947 and managed by successive generations of his family. Headquartered in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, in Seoul, it was the sixth-largest company in South Korea by revenue in 2023. LG develops, manufactures, and markets electronics, chemicals, household appliances, and telecommunications products. It operates subsidiaries in over 80 countries, including LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem,
LG Group is a South Korean multinational conglomerate founded in 1947 that develops, manufactures, and markets electronics, chemicals, household appliances, and telecommunications products through subsidiaries operating in over 80 countries. As the sixth-largest company in South Korea by revenue in 2023, LG matters as a major global manufacturer affecting millions of consumers worldwide through its diverse product portfolio and international presence.
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LG Corporation (or LG Group), formerly known as '''Life's Good''', is a South Korean multinational conglomerate founded by Koo In-hwoi in 1947 and managed by successive generations of his family. Headquartered in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, in Seoul, it was the sixth-largest company in South Korea by revenue in 2023. LG develops, manufactures, and markets electronics, chemicals, household appliances, and telecommunications products. It operates subsidiaries in over 80 countries, including LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, LG Energy Solution, and LG AI Research.
==History== LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi. Its first product was "Lucky Cream", the first Korean make-up cream. In 1952, Lak Hui () (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the plastics industry. As the company expanded its plastics business, it established GoldStar Co. Ltd. (now LG Electronics Inc.) in 1958. Both companies Lucky and GoldStar merged to form Lucky-Goldstar in 1983.
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