LG Electronics Inc. is a South Korea Multinational Electronics Company and the world’s second-largest television manufacturer. It was established in 1958 by the name of “Goldstar” to provide strength domestically by producing “Consumer Electronics and Home Appliances”. LG comprises of four major business units such as: home entertainment, mobile communications, home appliance & air solution. It is the main production vendor for refrigeration and washing machine in Indian sub-continent. LG was the first company to produce radios, TVs, refrigerators, and many such goods.
It gradually started growing and gave job opportunities to 82,000 people working in 119 subsidiaries worldwide. It earned US$ 100 million first time revenue which was a milestone for the company and later in the year 1982 it started the first overseas business with the United States. In the year 1995, it launched its first CDMA mobile with US collaboration. LG was the first company to launch 60-inch plasma TV and in 1999 it established a joint venture with Philips which is ongoing with LG display. LG electronics plays a large role in global consumer industry which went on establishing its relations with many fore seas companies. According to the “2018 Harris Poll,” it stands as the 25th position worldwide with its well-reputed image in electronics and goods.
Products and Services:-
LG offers the following to customers-
- Mobile Phone
- LED Screens
- Washing Machines
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