Consumer Electronics Industry | Technology Sector | Mr. Joo-Wan Cho CEO | XMUN Exchange | US50186Q2021 ISIN |
KR Country | 34,626 Employees | 27 Jun 2024 Last Dividend | - Last Split | - IPO Date |
LG Electronics Inc., with its diversified portfolio, stands as a global leader in the manufacturing and distribution of consumer and commercial electronic products. With its roots stretching back to 1958 and a rebranding from GoldStar to LG Electronics in 1995, the company has established its headquarters in Seoul, South Korea. Operating through various segments, including Home Appliance & Air Solution, Home Entertainment, Vehicle Component Solutions, Business Solutions, and Innotek, LG Electronics has made its mark worldwide. The company caters to a broad spectrum of household and business needs through its innovative products, which range from home appliances, entertainment systems, vehicle components, to high-tech business solutions. Embracing the future, LG Electronics continually evolves, integrating cutting-edge technology and design to provide superior solutions that enhance the lives of consumers worldwide.
LG Electronics offers a comprehensive range of home appliances and air solutions that include refrigerators, washing machines, vacuum cleaners, air conditioners, air and water purifiers, microwave ovens, dishwashers, and stylers. These products are designed to provide comfort, convenience, and efficiency in the household, enabling consumers to enjoy a higher quality of living.
In the realm of home entertainment, LG Electronics presents an impressive lineup of digital, OLED, and LED signages, alongside commercial TVs tailored for various industries such as corporate, education, hospitality, healthcare, luxury homes, retail and QSR, and transportation. Additionally, the company offers high-quality audio products, ensuring an immersive entertainment experience for consumers.
LG Electronics extends its technological expertise to the automotive sector with cockpit electronics, connectivity products, and automotive vision systems. These products contribute to safer and more comfortable driving experiences by integrating advanced technology into vehicle components.
The Business Solutions segment covers a wide range of products including monitors, PCs, information displays, projectors, computer accessories, laptops, medical displays, and cloud devices. Tailored for professional environments, these solutions facilitate efficient and productive operations across various industries.
LG Electronics is also involved in providing solutions for renewable energy and Environmental Sustainability Solutions (ESS) such as solar panels and commercial, residential, and industrial ESS products. These offerings are part of LG's commitment to sustainability and reducing environmental impact.
The company is pioneering in the field of robotics and smart technologies, offering innovative robot products and support services that promise to revolutionize various sectors, including healthcare, manufacturing, and customer service.