>> About LG
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The Foundation of LG
LG was established in 1947 as Korea 's first chemical company, also becoming the nation's first electronicscompany with its expansion into home appliances in 1958.
The new Corporate Identity was launched including the change of the group name from Lucky-Goldstar to LG in 1995.
Related links :
> LG's History
> Corporate Identity
Business Fields
The wide array of activities that LG conducts are coordinated within three highly focused business sectors:Chemicals & Energy , Electronics and Telecommunications & Services. Each sector has undergone systematic
changes, with improved financial compositions, restructured business portfolios and realigned equity investment structures.
Related link :
> See the full list of LG Companies
The split of two holding companies LG Corp. and GS Holdings Corp.
On March 2003, LG introduced the holding company structure and recently, the demerger of two holdingcompanies - LG Corp. and GS Holdings Corp. took place on July 1 to separate the manufacturing and technology
related businesses from the service and retail operations. The separation is meant to maximize profits of LG
shareholders by boosting business specialization of key LG companies.
Related link :
> The demerger of the two holding companies
Creating Value for Customers through Management based on Esteem for Human Dignity.
LG's business activities have been guided by ideals of research and development, progress, and harmony. Since its foundation, these principles have been incorporated and redefined in LG's new management philosophy.
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Last update: January 25, 2006