LG Electronics Inc is a South Korean multinational electronics company headquartered in Yeouido-dong, Seoul, South Korea.
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23 Facts About LG Electronics
2.
LG Electronics is a part of LG Corporation, the fourth largest chaebol in South Korea, and often considered as the pinnacle of LG Corp with the group's chemical and battery division LG Chem.
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3.
LG Electronics acquired Zenith in 1995 and the largest shareholder of LG Display, world's largest display company by revenue in 2020.
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4.
LG Electronics is the world's second largest TV manufacturer behind Samsung Electronics.
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5.
In 1995, LG Electronics acquired the US-based TV manufacturer Zenith and absorbed it four years later.
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6.
Also in that year, LG Electronics made the world's first CDMA digital mobile handsets and supplied Ameritech and GTE in the US, the LGC-330W digital cellular phone.
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7.
LG Electronics plays a large role in the global consumer electronics industry; it was the second-largest LCD TV manufacturer worldwide as of 2013.
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8.
LG Electronics has since continued to develop various electronic products, such as releasing the world's first 84-inch ultra-HD TV for retail sale.
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9.
On 11 June 2015, LG Electronics found itself in the midst of a human rights controversy when The Guardian published an article by Rosa Moreno, a former employee of an LG television assembly factory.
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10.
In March 2017, LG Electronics was sued for its handling of hardware failures with recent smartphones such as the LG G4.
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11.
Koo Bon-joon, who was the CEO and the current vice chairman of LG Electronics, was replaced by his nephew Koo Kwang-mo in July 2018 as CEO and vice chairman.
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12.
On 25 December 2021, LG Electronics launched a video campaign showing some of the initiatives the company has taken during the COVID-19 pandemic to support India.
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13.
LG Electronics currently operates nine unmanned stores and this will increase to 30 by the end of June 2022.
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14.
LG Electronics proposed to build an environmentally friendly facility in Englewood Cliffs, incidental to Bergen County's per-capita leading Korean American population, having received an initially favorable legal decision concerning building height issues.
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15.
LG Electronics' products include televisions, home theater systems, refrigerators, washing machines, computer monitors, wearable devices, solar modules, smart appliances and, formerly, smartphones.
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16.
LG Electronics launched an OLED TV in 2013 and 65-inch and 77-inch sizes in 2014.
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17.
LG Electronics introduced its first Internet TV in 2007, originally branded as "NetCast Entertainment Access" devices.
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18.
In 2016, exclusively to India, Indian arm of South Korea's LG Electronics Inc started selling a TV that would repel mosquitoes.
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19.
At Consumer LG Electronics Show in January 2014, LG announced a US release for the G2 across several major carriers.
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20.
In June 2014, LG Electronics announced the launch of its smart appliances with HomeChat messaging service in South Korea.
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21.
In December 2021, LG Electronics announced they were testing and ecologically friendly washing machine that uses liquid carbon dioxide as a cleaner.
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22.
LG Electronics will be conducting a two-year test prove the safety with a goal of having commercial CO2 washers in shopping mall laundries.
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23.
From 2009 to 2013, LG Electronics sponsored Formula One as a Global Partner and Technology Partner.
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