LG Group Company Description
LG Group used to be Lucky, but this leading South Korean chaebol (family-run industrial group) has weathered difficult economic times as well. Founded in 1947 as Lucky Goldstar, the multifaceted industrial group consists of 36 affiliated companies that operate through more than 130 subsidiaries in Korea and around the globe. After de-merging with GS Holdings Corp., its major operations are now divided into three business sectors: Chemicals (LG Chem), Electronics (LG Electronics, Luseum, and Sitron), and Telecommunications and Services (LG TeleCom, LG DACOM, and LG CNS).
View the Comprehensive Company Description for LG Group
The Company Description provides a historical perspective of LG Group's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of LG Group's evolution in the marketplace.
