LG Electronics
LG Electronics is the Korean electronics and home appliance company founded in 1958 as Goldstar, the country’s first consumer electronics manufacturer. The ethos its founder Koo In-hwoi set out, that quality should never be compromised, is carried today by the Life’s Good line and by a shift from selling products to selling what the company calls Smart Life Solutions.
A 2024 reorganisation split the business into four divisions: Home Appliance Solution, for appliances, components, robotics and AI Home; Media Entertainment Solution, for TVs, monitors, audio, laptops and the webOS platform; Vehicle Solution, for in-car infotainment, EV powertrains and automotive displays; and Eco Solution, for HVAC and B2B clean-tech. The company is led by CEO Lyu Jae-cheol, who joined LG as an engineer in 1989.
