LG

{{Redirect|Life's Good|the Indian drama film|3=Life's Good (film)}}

{{Infobox company

| name = LG Corporation

| logo = LG logo (2014).svg

| logo_caption = Logo used since 30 December 2014{{efn|The logo's symbol has been in use since 4 January 1995.}}

| former_name = Lucky (1947–1983)
Lucky-Goldstar (1983–1995)

| image = LG Twin Tower (2015).jpg

| image_size = 250px

| image_caption = Headquarters at Yeoui-dong, Yeongdeungpo District, Seoul, South Korea

| native_name = 주식회사 엘지

| native_name_lang = ko

| type = Public

| traded_as = {{Kse|003550}}

| industry = Conglomerate

| founded = {{start date and age|df=yes|1947|01|05}} (as Lucky)
{{start date and age|1958|10}} (as Goldstar)
{{start date and age|1983|01}} (as Lucky-Goldstar)
{{start date and age|1995|01|04|df=true}} (as LG)

| founder = Koo In-hwoi

| hq_location_city = Seoul

| hq_location_country = South Korea

| area_served = Worldwide

| key_people = {{ubl|Koo Kwang-mo (chairman and CEO)|Kwon Young-soo (vice chairman)}}

| products = {{Plainlist|

}}

| revenue = KRW 83.5 trillion (approx. US$62.32 billion) (2023){{cite press release |author1= |title=LG Electronics {{!}} LG Announces 2022 Financial Results |url=https://www.lgcorp.com/media/release/25868 |publisher=LG Communication Center |access-date=19 December 2023 |date=30 January 2023}}

| owners = {{ubl|Koo family (45.9%){{cite web |script-title=ko:지분현황 {{!}} LG 003550 |trans-title=Equity Status {{!}} LG 003550 |url=https://comp.wisereport.co.kr/company/c1070001.aspx?cn=&cmp_cd=003550 |website=Company Wise |publisher=FnGuide |access-date=19 December 2023 |language=ko |date=n.d.}}|NPS (8.03%)|Mirae Asset (5.5%)}}

| num_employees = 222,000 (2023){{r|Corporate Information}}

| subsid = {{ubl|LG Electronics|LG Display|LG Innotek|LG Uplus|LG Chem|LG Energy Solution|LG H&H|Zenith Electronics}}

| website = {{URL|https://lgcorp.com/}}

}}

LG Corporation (or LG Group),{{Efn|{{Korean|hangul=주식회사 엘지}}{{Update inline|date=August 2023|reason=Translates to "LG Co., Ltd.", which is not what the company is called.}}}} formerly known as Lucky-Goldstar,{{Efn|Korean: Leokki Geumseong; {{Korean|hangul=럭키금성 |hanja=樂喜金星}}}} is a South Korean multinational conglomerate founded by Koo In-hwoi in 1947 and managed by successive generations of his family. It is the fourth-largest company in South Korea. Its headquarters are in the LG Twin Towers building in Yeouido-dong, Yeongdeungpo District, Seoul.{{cite web |title=Corporate information |url=https://www.lg.com/global/corporate-info/ |publisher=LG Global |access-date=19 December 2023 |date=n.d.}} LG makes electronics, chemicals, household appliances, and telecommunications products and operates subsidiaries such as LG Electronics, Zenith, LG Display, LG Uplus, LG Innotek, LG Chem, LG Energy Solution and LG AI Research in over 80 countries.

History

LG Corporation was established as Lak Hui Chemical Industrial Corp. in 1947 by Koo In-hwoi.{{Cite web |url=http://www.lg.net/about/history.dev |archive-url=https://web.archive.org/web/20081119141239/http://www.lg.net/about/history/history01.jsp |url-status=dead |title=HISTORY — The Official Site of LG Group |archive-date=19 November 2008 |website=lg.net}} Its first product was "Lucky Cream", the first Korean make-up cream.{{cite web |title=The Roots of the LG Brand, "Lucky" and "Goldstar" |url=https://www.lgcorp.com/about/ci/story |website=LG Official Website |access-date=8 March 2025}} In 1952, Lak Hui ({{Korean|hangul=락희|labels=no}}) (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.{{cite news |url=http://www.koreaherald.com/view.php?ud=20170212000158 |title=LG founder bequeaths principle of harmony, sustainable growth |last=Song |first=Su-hyun |date=12 February 2017 |work=The Korea Herald}}

GoldStar produced South Korea's first radio. Many consumer electronics were sold under the brand name GoldStar, while some other household products (not available outside South Korea) were sold under the brand name of Lucky. The Lucky brand was famous for hygiene products such as soaps and HiTi laundry detergents, but the brand was mostly associated with its Lucky and Perioe toothpaste. LG continues to manufacture some of these products for the South Korean market.

Koo In-hwoi led the corporation until his death in 1969, at which time, his son Koo Cha-kyung took over. He then passed the leadership to his son, Koo Bon-moo, in 1995. Koo Bon-moo renamed the company to LG in that year. The company then trademarked the letters LG with the company's tagline "Life's Good". Since 2009, LG has owned the domain name LG.com.

LG replaced its old logo with a new one on 30 December 2014, changing the wordmark font from Helvetica to LG Smart, the new custom corporate typeface of the company since 2013.

Koo Bon-moo died of a brain tumor on 20 May 2018.{{cite web |url=http://fortune.com/2018/05/20/koo-bon-moo-lg-dies/ |date=20 May 2018 |title=LG Chair Koo Bon-moo, Who Ran Company for 23 Years, Dies at 73 |work=Fortune |access-date=29 April 2019}} In July 2018, it was announced that Koo Kwang-mo, the nephew and adopted son of Koo Bon-moo, will be the new CEO of LG. Koo Bon-moo adopted his nephew in 2004, after losing his only son in 1994,{{cite news |last1=Kim |first1=Hooyeon |last2=Park |first2=Kyunghee |title=LG Chair Koo Bon-Moo Dies, Leaves Company to Adopted Son |url=https://www.bloomberg.com/news/articles/2018-05-20/lg-group-chair-koo-bon-moo-dies-leaves-company-to-adopted-son |access-date=20 May 2018 |publisher=Bloomberg News |date=20 May 2018}} citing "a family tradition of male-only succession".{{cite web |url=http://www.theinvestor.co.kr/view.php?ud=20180710000687 |last=Lee |first=Ji-yoon |date=10 July 2018 |title=LG's Koo Bon-joon prepares to depart |website=The Investor |access-date=29 April 2019}}

=LG jingle=

{{external media

| float = right

| width = 170px

| title = LG jingle

| audio1 = [http://musikv.s3.amazonaws.com/audio-links/lg-mnemonic.mp3 Sample of the jingle] [0:03] [http://musikv.s3.amazonaws.com/audio-links/lg-mnemonic.mp3 via]

}}

The G-E-F-D-E-C-C' jingle was produced by Musikvergnuegen and written by Walter Werzowa (who had previously composed the Intel bong) in 2008. The jingle has been featured in LG commercials and devices and is recognised worldwide. It is derived from the English traditional tune "The Lincolnshire Poacher."{{Cite web|url=https://www.housebeautiful.com/shopping/home-gadgets/a43132284/lg-samsung-laundry-song-tiktok-trend/|title=Does LG or Samsung Have a Catchier End-of-Cycle Song? TikTok Is on the Case|date=1 March 2023|website=House Beautiful}}Steiner, P. (2025:114). Quick Guide Sound Marketing: Wie Sie mit akustischen Reizen Ihre Marke stärken. Germany: Springer Fachmedien Wiesbaden.{{Cite web|url=https://musescore.com/user/28662213/scores/9601027|title=Washing Machine Song – LG Washing Machine Song|website=Musescore.com}}

=Logo history=

Logo of the LG Corporation (1995-2008).svg|4 January 1995 – 29 December 2014

LG Logo 2008 High Res.png|2008–29 December 2014

LG logo (2014).svg|30 December 2014–present

LG logo (2023).svg|May 2023–present (secondary){{cite news |url=https://www.campaignasia.com/article/lg-updates-global-brand-identity-to-appeal-to-gen-z/483997 |title=LG updates global brand identity to appeal to Gen Z |work=Campaign Asia |access-date=19 December 2023 |date=12 April 2023}}

Corporate governance

As of September 2023

Shareholder	Stake (%)	Flag
class="wikitable" style="text-align:center; width:80%;"
Koo Kwang-mo	15.95%	File:Flag of South Korea.svg
National Pension Service	6.83%	File:Flag of South Korea.svg
Silchester International Investors	6.03%	File:Flag of the United Kingdom.svg
Koo Bon-sik	4.48%	File:Flag of South Korea.svg
Kim Young-sik	4.20%	File:Flag of South Korea.svg
Koo Bon-neung	3.05%	File:Flag of South Korea.svg
Koo Yeon-kyung	2.92%	File:Flag of South Korea.svg
LG Yonam Foundation	2.13%	File:Flag of South Korea.svg
Koo Bon-joon	2.04%	File:Flag of South Korea.svg
LG Yonam Cultural Foundation	1.12%	File:Flag of South Korea.svg
Koo Yeon-soo	0.72%	File:Flag of South Korea.svg
Kim Sun-hye	0.69%	File:Flag of South Korea.svg
Koo Mi-jung	0.69%	File:Flag of South Korea.svg
Lee Uk-jin	0.61%	File:Flag of South Korea.svg
Koo Hyung-mo	0.60%	File:Flag of South Korea.svg
LG Evergreen Foundation	0.48%	File:Flag of South Korea.svg
Koo Ja-young	0.34%	File:Flag of South Korea.svg
LG Welfare Foundation	0.23%	File:Flag of South Korea.svg

Business

LG Corporation is a holding company that operates worldwide through more than 30 companies in the electronics, chemical, and telecom fields. Its electronics subsidiaries manufacture and sell products ranging from electronic and digital home appliances to televisions and mobile telephones, from thin-film-transistor liquid-crystal displays to security devices and semiconductors. In the chemical industry, subsidiaries manufacture and sell products including cosmetics, industrial textiles, rechargeable batteries and toner products, polycarbonates, medicines, and surface decorative materials. Its telecom products include long-distance and international phone services, mobile and broadband telecommunications services, as well as consulting and telemarketing services. LG also operates the Coca-Cola Korea Bottling Company, manages real estate, offers management consulting, and operates professional sports clubs.{{cite web |url=http://www.lgcorp.com/about/affiliatesList.dev |title=Our Businesses – The Official Site of LG Group |last=LG.com |website=lgcorp.com |archive-url=https://web.archive.org/web/20170425225323/http://www.lgcorp.com/about/affiliatesList.dev |archive-date=25 April 2017 |url-status=dead}}

LG AI Research was launched in December 2021. In 2021, the company announced its first version of EXAONE.{{cite web | url=https://finance.yahoo.com/news/convergence-between-ai-biology-lg-130000609.html | title='The convergence between of AI and the Biology' LG Creates "Next-Generation Protein Structure Prediction AI" for Drug Discovery | work=Yahoo Finance }} In 2023, the company stated that the language model reduced costs by 78% by making inference faster and using memory more efficiently and multimodal model used more memory to improve content quality while significantly increasing inference speed, leading to a 66% cost reduction.{{Cite web |last=Nuñez |first=Michael |date=2024-08-08 |title=LG unleashes South Korea's first open-source AI, challenging global tech giants |url=https://venturebeat.com/ai/lg-unleashes-south-koreas-first-open-source-ai-challenging-global-tech-giants/ |access-date=2025-02-10 |website=VentureBeat |language=en-US}}

=Subsidiaries=

Associated companies

Sports sponsorship

LG owns the South Korean professional baseball team LG Twins, and is the main sponsor of basketball team Changwon LG Sakers. LG is also a partner of the American professional baseball team Texas Rangers.{{cite press release |url=https://www.mlb.com/press-release/texas-rangers-lg-twins-announce-partnership-agreement-266905596 |date=21 February 2018 |title=Texas Rangers, LG Twins announce partnership agreement |publisher=Major League Baseball |access-date=19 December 2023}}

LG also sponsored football clubs Girondins de Bordeaux from 1999 to 2000, Leicester City F.C. from 2001 to 2003, Olympique Lyonnais from 2004 to 2006, AEK Athens from 2006 to 2009, Fulham F.C. from 2007 to 2010 and Bayer 04 Leverkusen from 2013 to 2016.{{citation needed|date=August 2023}}