# LG > Mediated Wiki article. Canonical URL: https://mediated.wiki/source/LG > Markdown URL: https://mediated.wiki/source/LG.md > Source: https://en.wikipedia.org/wiki/LG > Source revision: 1351704359 > License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/) South Korean multinational conglomerate This article is about the corporation. For other uses, see [LG (disambiguation)](/source/LG_(disambiguation)). "Life's Good" redirects here. For the film, see [Life's Good (film)](/source/Life's_Good_(film)). For other uses, see [Life Is Good (disambiguation)](/source/Life_Is_Good_(disambiguation)). LG Corporation Logo used since 30 December 2014[a] Headquarters at Yeoui-dong, Yeongdeungpo District, Seoul, South Korea, in 2015 Native name 주식회사 엘지 Formerly Lucky (1947–1983) Lucky-Goldstar (1983–1995) Type Public Traded as KRX: 003550 Industry Conglomerate Founded 5 January 1947; 79 years ago (1947-01-05) (as Lucky) October 1958; 67 years ago (1958-10) (as Goldstar) January 1983; 43 years ago (1983-01) (as Lucky-Goldstar) 4 January 1995; 31 years ago (1995-01-04) (as LG) Founder Koo In-hwoi Headquarters Seoul , South Korea Area served Worldwide Key people Koo Kwang-mo (chairman and CEO) Kwon Young-soo (vice chairman) Products Electronics Chemicals Telecommunications Engineering Information technology Power generation Revenue KRW87.7 trillion (US$76.66 billion) (2024)[1] Owners Koo family (45.9%)[2] NPS (8.03%)[2] Mirae Asset (5.5%)[2] Number of employees 222,000 (2023)[3] Website lgcorp.com **LG Corporation** (or **LG Group**),[b] formerly known as **Lucky Goldstar**,[c] is a South Korean [multinational conglomerate](/source/Multinational_conglomerate) founded by [Koo In-hwoi](/source/Koo_In-hwoi) in 1947 and managed by successive generations of his family. Headquartered in the LG Twin Towers building in [Yeouido-dong](/source/Yeouido-dong), [Yeongdeungpo District](/source/Yeongdeungpo_District), in Seoul, it was the [sixth-largest company in South Korea](/source/List_of_largest_companies_of_South_Korea) by revenue in 2023. LG develops, manufactures, and markets electronics, chemicals, household appliances, and [telecommunications](/source/Telecommunications) products. It operates subsidiaries in over 80 countries, including [LG Electronics](/source/LG_Electronics), [Zenith](/source/Zenith_Electronics), [LG Display](/source/LG_Display), [LG Uplus](/source/LG_Uplus), [LG Innotek](/source/LG_Innotek), [LG Chem](/source/LG_Chem), [LG Energy Solution](/source/LG_Energy_Solution), and LG AI Research. ## History LG Corporation was established as [Lak Hui Chemical Industrial Corp.](/source/LG_Chem) in 1947 by [Koo In-hwoi](/source/Koo_In-hwoi).[4] Its first product was "Lucky Cream", the first Korean make-up cream.[5] In 1952, Lak Hui (락희) (pronounced "Lucky"; now LG Chem) became the first South Korean company to enter the [plastics industry](/source/Plastics_industry). As the company expanded its plastics business, it established [GoldStar](/source/GoldStar) Co. Ltd. (now LG Electronics Inc.) in 1958. Both companies Lucky and GoldStar merged to form Lucky-Goldstar in 1983.[6] GoldStar produced South Korea's first [radio](/source/Radio_receiver).[6] Many [consumer electronics](/source/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](/source/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](/source/Koo_Cha-kyung) took over. In 1995, he passed the leadership to his son, [Koo Bon-moo](/source/Koo_Bon-moo). Koo Bon-moo renamed the company to LG in that year.[6] The company then trademarked the letters LG with the company's tagline "Life's Good". LG has owned the [domain name](/source/Domain_name) LG.com since 2009. It had operated LG.co.kr since 1997.[7] LG replaced its old logo with a new one on 30 December 2014, changing the wordmark font from [Helvetica](/source/Helvetica) to LG Smart, the new custom corporate typeface of the company since 2013. Koo Bon-moo died of a [brain tumor](/source/Brain_tumor) on 20 May 2018.[8] In July 2018, it was announced that [Koo Kwang-mo](/source/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,[9] citing "a family tradition of male-only succession".[10] ### LG jingle LG jingle Sample of the jingle [0:03] via The G-E-F-D-E-C-C' [jingle](/source/Jingle) was produced by [Musikvergnuegen](/source/Musikvergnuegen) and written by [Walter Werzowa](/source/Walter_Werzowa) (who had previously composed the [Intel bong](/source/Intel#Intel_jingle)) 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](/source/The_Lincolnshire_Poacher)".[11][12][13] ### Logo history - 4 January 1995 – 29 December 2014 - 2008 – 29 December 2014 - 30 December 2014 – present - May 2023 – present (secondary)[14] ## Corporate affairs LG Corporation is a [holding company](/source/Holding_company) that operates worldwide through more than 30 companies in the electronics, chemical, and telecom fields. It is headquarters in the LG Twin Towers building in [Yeouido-dong](/source/Yeouido-dong), [Yeongdeungpo District](/source/Yeongdeungpo_District), [Seoul](/source/Seoul).[3] 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](/source/Thin-film-transistor_liquid-crystal_display) to security devices and [semiconductors](/source/Semiconductor). In the chemical industry, [subsidiaries](/source/Subsidiaries) manufacture and sell products including cosmetics, industrial textiles, rechargeable batteries and toner products, [polycarbonates](/source/Polycarbonate), 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](/source/Coca-Cola) Korea Bottling Company, manages real estate, offers [management consulting](/source/Management_consulting), and operates professional sports clubs.[15] LG AI Research was launched in December 2021. In 2021, the company announced its first version of EXAONE.[16] 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.[17] ### Corporate governance This section does not cite any sources. Please help improve this section by adding citations to reliable sources. Unsourced material may be challenged and removed. (February 2026) (Learn how and when to remove this message) As of September 2023: Shareholder Stake (%) Flag Koo Kwang-mo 15.95% National Pension Service 6.83% Silchester International Investors 6.03% Koo Bon-sik 4.48% Kim Young-sik 4.20% Koo Bon-neung 3.05% Koo Yeon-kyung 2.92% LG Yonam Foundation 2.13% Koo Bon-joon 2.04% LG Yonam Cultural Foundation 1.12% Koo Yeon-soo 0.72% Kim Sun-hye 0.69% Koo Mi-jung 0.69% Lee Uk-jin 0.61% Koo Hyung-mo 0.60% LG Evergreen Foundation 0.48% Koo Ja-young 0.34% LG Welfare Foundation 0.23% ### Subsidiaries - [LG Electronics](/source/LG_Electronics) - [LG Display](/source/LG_Display) - [LG Innotek](/source/LG_Innotek) - [LG Chem](/source/LG_Chem) - [LG Energy Solution](/source/LG_Energy_Solution) - [LG Household & Health Care](/source/LG_Household_%26_Health_Care) - LG AI Research - [LG U+](/source/LG_U%2B) - [LG CNS](/source/LG_CNS) - [G2R](/source/G2R) - [HS Ad](/source/HS_Ad) ### Associated companies - [GS Group](/source/GS_Group) - [LS Group](/source/LS_Group) - [LIG Group](/source/LIG_Group) - LX Group ### Sports sponsorship LG owns the South Korean professional baseball team [LG Twins](/source/LG_Twins), and is the main sponsor of basketball team [Changwon LG Sakers](/source/Changwon_LG_Sakers). LG is also a partner of the American professional [baseball](/source/Baseball) team [Texas Rangers](/source/Texas_Rangers_(baseball)).[18] LG also sponsored football clubs [Girondins de Bordeaux](/source/Girondins_de_Bordeaux) from 1999 to 2000, [Leicester City F.C.](/source/Leicester_City_F.C.) from 2001 to 2003, [Olympique Lyonnais](/source/Olympique_Lyonnais) from 2004 to 2006, [AEK Athens](/source/AEK_Athens_F.C.) from 2006 to 2009, [Fulham F.C.](/source/Fulham_F.C.) from 2007 to 2010 and [Bayer 04 Leverkusen](/source/Bayer_04_Leverkusen) from 2013 to 2016.[19] ## Notes 1. **[^](#cite_ref-1)** The logo's symbol has been in use since 4 January 1995. 1. **[^](#cite_ref-5)** [Korean](/source/Korean_language): 주식회사 엘지[*[needs update](https://en.wikipedia.org/wiki/Wikipedia:Manual_of_Style/Dates_and_numbers#Chronological_items)*] 1. **[^](#cite_ref-6)** Korean: *Leokki Geumseong*; [Korean](/source/Korean_language): 럭키금성; [Hanja](/source/Hanja): 樂喜金星 ## References 1. **[^](#cite_ref-2022_Financial_Results_2-0)** ["LG Electronics LG Announces Fourth-Quarter and Full-Year 2024 Financial Results"](https://lgcorp.com/media/release/28610). *www.lgcorp.com*. 1. ^ [***a***](#cite_ref-Equity_Status_3-0) [***b***](#cite_ref-Equity_Status_3-1) [***c***](#cite_ref-Equity_Status_3-2) [지분현황 | LG 003550](https://comp.wisereport.co.kr/company/c1070001.aspx?cn=&cmp_cd=003550) [Equity Status | LG 003550]. *Company Wise* (in Korean). FnGuide. n.d. Retrieved 19 December 2023. 1. ^ [***a***](#cite_ref-Corporate_Information_4-0) [***b***](#cite_ref-Corporate_Information_4-1) ["Corporate information"](https://www.lg.com/global/corporate-info/). LG Global. n.d. Retrieved 19 December 2023. 1. **[^](#cite_ref-7)** ["HISTORY — The Official Site of LG Group"](https://web.archive.org/web/20081119141239/http://www.lg.net/about/history/history01.jsp). *lg.net*. Archived from [the original](http://www.lg.net/about/history.dev) on 19 November 2008. 1. **[^](#cite_ref-8)** ["The Roots of the LG Brand, "Lucky" and "Goldstar""](https://www.lgcorp.com/about/ci/story). *LG Official Website*. Retrieved 8 March 2025. 1. ^ [***a***](#cite_ref-Song_2017_9-0) [***b***](#cite_ref-Song_2017_9-1) [***c***](#cite_ref-Song_2017_9-2) Song, Su-hyun (12 February 2017). ["LG founder bequeaths principle of harmony, sustainable growth"](http://www.koreaherald.com/view.php?ud=20170212000158). *[The Korea Herald](/source/The_Korea_Herald)*. 1. **[^](#cite_ref-10)** ["Welcome to LG : Global Business Group"](https://web.archive.org/web/19981212030551/http://www.lg.co.kr/). Archived from [the original](http://www.lg.co.kr/) on 12 December 1998. 1. **[^](#cite_ref-11)** ["LG Chair Koo Bon-moo, Who Ran Company for 23 Years, Dies at 73"](http://fortune.com/2018/05/20/koo-bon-moo-lg-dies/). *[Fortune](/source/Fortune_(magazine))*. 20 May 2018. Retrieved 29 April 2019. 1. **[^](#cite_ref-Kim_2018_12-0)** Kim, Hooyeon; Park, Kyunghee (20 May 2018). ["LG Chair Koo Bon-Moo Dies, Leaves Company to Adopted Son"](https://www.bloomberg.com/news/articles/2018-05-20/lg-group-chair-koo-bon-moo-dies-leaves-company-to-adopted-son). Bloomberg News. Retrieved 20 May 2018. 1. **[^](#cite_ref-Lee_2018_13-0)** Lee, Ji-yoon (10 July 2018). ["LG's Koo Bon-joon prepares to depart"](http://www.theinvestor.co.kr/view.php?ud=20180710000687). *The Investor*. Retrieved 29 April 2019. 1. **[^](#cite_ref-14)** ["Does LG or Samsung Have a Catchier End-of-Cycle Song? TikTok Is on the Case"](https://www.housebeautiful.com/shopping/home-gadgets/a43132284/lg-samsung-laundry-song-tiktok-trend/). *House Beautiful*. 1 March 2023. 1. **[^](#cite_ref-15)** Steiner, P. (2025:114). Quick Guide Sound Marketing: Wie Sie mit akustischen Reizen Ihre Marke stärken. Germany: Springer Fachmedien Wiesbaden. 1. **[^](#cite_ref-16)** ["Washing Machine Song – LG Washing Machine Song"](https://musescore.com/user/28662213/scores/9601027). *Musescore.com*. 1. **[^](#cite_ref-LG_Updates_17-0)** ["LG updates global brand identity to appeal to Gen Z"](https://www.campaignasia.com/article/lg-updates-global-brand-identity-to-appeal-to-gen-z/483997). *Campaign Asia*. 12 April 2023. Retrieved 19 December 2023. 1. **[^](#cite_ref-18)** ["Our Businesses"](https://web.archive.org/web/20170425225323/http://www.lgcorp.com/about/affiliatesList.dev). *LG*. Archived from [the original](http://www.lgcorp.com/about/affiliatesList.dev) on 25 April 2017. 1. **[^](#cite_ref-19)** ["'The convergence between of AI and the Biology' LG Creates "Next-Generation Protein Structure Prediction AI" for Drug Discovery"](https://finance.yahoo.com/news/convergence-between-ai-biology-lg-130000609.html). *Yahoo Finance*. 1. **[^](#cite_ref-20)** Nuñez, Michael (8 August 2024). ["LG unleashes South Korea's first open-source AI, challenging global tech giants"](https://venturebeat.com/ai/lg-unleashes-south-koreas-first-open-source-ai-challenging-global-tech-giants/). *VentureBeat*. Retrieved 10 February 2025. 1. **[^](#cite_ref-21)** ["Texas Rangers, LG Twins announce partnership agreement"](https://www.mlb.com/press-release/texas-rangers-lg-twins-announce-partnership-agreement-266905596) (Press release). Major League Baseball. 21 February 2018. Retrieved 19 December 2023. 1. **[^](#cite_ref-22)** ["Bayer 04 Leverkusen Sponsor History LG: 2013-2016"](https://www.footballkitarchive.com/bayer-04-leverkusen-sponsor-history/). Football Kit Archive. [Archived](https://web.archive.org/web/20251013140645/https://www.footballkitarchive.com/bayer-04-leverkusen-sponsor-history/) from the original on 13 October 2025. Retrieved 13 October 2025. ## External links Wikimedia Commons has media related to [LG Group](https://commons.wikimedia.org/wiki/Category:LG_Group). - [Official website](https://lgcorp.com/) - Business data for LG Corporation: - [Google](https://www.google.com/finance/quote/003550:KRX) - [Reuters](https://www.reuters.com/markets/companies/003550.KS) - [Yahoo!](https://finance.yahoo.com/quote/003550.KS) v t e LG Subsidiaries Current LG Chem LG Energy Solution LG CNS LG Display LG Electronics Zenith LG Household & Health Care The Face Shop LG Innotek LG Uplus G2R HS Ad Former/defunct GoldStar LG Card LG Investment & Securities LG Semiconductor Joint ventures Current Ericsson-LG Hitachi-LG Data Storage Former/defunct LG.Philips Displays LG Philips LCD Sports LG Twins Changwon LG Sakers LG Cup (Go) Other Yonam College Yonam Institute of Technology GS Group LIG Group LS Group Visakhapatnam gas leak People Koo In-hwoi Koo Cha-kyung Koo Bon-moo Koo Kwang-mo Category Commons v t e Largest conglomerates in South Korea Business Groups with a total asset exceeding 0.5% of the nominal GDP for 2025, as designated by KFTC Samsung SK Hyundai Motor LG Lotte POSCO Hanwha HD Hyundai Nonghyup GS Shinsegae Hanjin KT CJ LS Kakao HMM Doosan DL Jungheung Construction Celltrion Naver S-Oil Mirae Asset Coupang Hyundai Department Store Hankook Booyoung Young Poong Harim Hyosung Sinokor SM HDC Hoban Construction Dunamu KT&G Kolon KCC DB Nexon OCI LX SeAH Netmarble E-Land v t e KOSPI 200 companies of South Korea Communication Service Cheil Worldwide Hybe Kakao Krafton KT LG Uplus Naver NC Netmarble SK Telecom Constructions Daewoo E&C DL DL E&C Hanil Cement Hyundai E&C KCC KEPCO E&C KEPCO KPS Samsung C&T Samsung E&A Consumer Discretionary Coway DN Automotive DoubleU Games F&F Hanjin KAL Hankook Hankook & Company Hanon Systems Hanssem HL Mando Hotel Shilla Hyundai Department Store Hyundai Mobis Hyundai Motor Hyundai WIA Kangwon Land Kia Kumho Tire Lotte Shopping Misto Paradise Shinsegae SL Youngone Youngone Holdings Consumer Staples Amorepacific Amorepacific Holdings APR BGF Retail CJ CJ CheilJedang Cosmax d'Alba Global Daesang Dongsuh Dongwon Industries Emart GS Retail HiteJinro KEPCO Kolmar Korea Korea District Heating Korea Gas KT&G LG H&H Lotte Lotte Chilsung Lotte Wellfood Nongshim Orion Orion Holdings Ottogi Samyang Foods Energy & Chemicals Cosmo Chemical Foosung GS Hankuk Carbon Hansol Chemical Hanwha Hanwha Solutions HD Hyundai HS Hyosung Advanced Materials Hyosung TNC Isu Specialty Chemical Kolon Industries Korea Petrochemical Kumho Petrochemical LG Chem Lotte Chemical Lotte Fine Chemical Miwon Commercial Miwon Specialty Chemical OCI OCI Holdings SK SK Chemicals SK Innovation SKC S-Oil Taekwang Industrial TKG Huchems Financials BNK Financial DB Insurance Hana Financial Hanwha Life Hyundai Marine & Fire IM Financial Industrial Bank of Korea JB Financial KakaoBank KakaoPay KB Financial Kiwoom Securities Korea Investment Meritz Financial Mirae Asset Securities NH Investment & Securities Samsung Card Samsung Fire & Marine Samsung Life Samsung Securities Shinhan Financial Woori Financial Health Care Celltrion Chong Kun Dang Daewoong Daewoong Pharmaceutical Green Cross Hanall Biopharma Hanmi Pharm Hanmi Science Samsung Biologics Samsung Epis SD Biosensor SK Biopharm SK Bioscience Yuhan Heavy Industries CS Wind Doosan Doosan Bobcat Doosan Enerbility Doosan Robotics Hanwha Engine Hanwha Ocean HD Construction Equipment HD Hyundai Electric HD Hyundai Heavy Industries HD Hyundai Marine Engine HD KSOE Hyosung Heavy Industries Hyundai Elevator Hyundai Rotem Sanil Electric Samsung Heavy Industries Industrials CJ Logistics Ecopro Materials Hanwha Aerospace Hanwha Systems HD Hyundai Marine Solution HMM Hyundai Glovis Korea Aerospace Korean Air L&F LG Energy Solution LIG Defense & Aerospace LS LS Electric Pan Ocean POSCO Future M POSCO International S-1 SK IE Technology Taihan Cable & Solution IT Hanmi Semiconductor DB HiTek Hyundai AutoEver Isu Petasys LG LG CNS LG Display LG Electronics LG Innotek POSCO DX Samsung Electro-Mechanics Samsung Electronics Samsung SDI Samsung SDS SK Hynix SK Square Steels & Materials Asia Holdings Dongwon Systems Hyundai Steel Korea Zinc Poongsan POSCO SeAH Besteel Holdings SeAH Steel Holdings Youlchon Chemical Young Poong Authority control databases International ISNI Other MusicBrainz label --- Adapted from the Wikipedia article [LG](https://en.wikipedia.org/wiki/LG) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/LG?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.