LG Group
LG Twin Towers, 20 Yoido-dong, Youngdungpo-gu
Seoul, 150-721, South Korea Phone: +82-2-3773-1114
Fax: +82-2-3773-7813
Primary US Office:
Subscribers Only http://www.lg.net
Seoul, 150-721, South Korea Phone: +82-2-3773-1114
Fax: +82-2-3773-7813
Primary US Office:
Subscribers Only http://www.lg.net
Overview
LG Group used to be Lucky, but this leading South Korean chaebol (family-run industrial group) has faced bad luck (difficult economic times) as well. Formerly known as Lucky Goldstar after its two founding companies, the multifaceted industrial group consists of 53 affiliated businesses that operate through about 150 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).
Sample Overview & HistoryKey Numbers from Hoover's UK
Key financials for LG Group
| Company Type | Group |
|---|---|
| Fiscal Year-End | December |
| 2008 Sales (mil.) | £49,223.0 |
| 1-Year Sales Growth | (12.5%) |
| 2008 Net Income (mil.) | £1,618.6 |
| 1-Year Net Income Growth | (39.6%) |
| 2008 Employees | 177,000 |
| 1-Year Employee Growth | 10.6% |
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Key People from Hoover's UK
Key people and executives for LG Group
| Vice Chairman and Co-CEO | Yu Sig Kang (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| Chairman and CEO | Bon-Moo Koo Connect to this executive |
| EVP, COO, and Director | Juno Cho Connect to this executive |
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Top Competitors from Hoover's UK
Top competitors of LG Group
There are 28 competitors for LG Group; see more.TIP: Analyze the Competitive Landscape to view a head-to-head comparison of a firm's profitability, operations, growth, and valuation versus that of its top three competitors.
Industry Information from Hoover's UK
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Hoover's Industries
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Subsidiaries/Affiliates Covered By Hoover's UK
Subsidiaries/affiliates of LG Group
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